Budget

Finance Ministry prepares plan to prevent increase in deficit, fund defense, for next government

Some of the measures were planned in cooperation with the Bank of Israel. The next government will be responsible for implementing the policy.

Finance Minister Bezalel Smotrich attends a press conference at the Finance Ministry in Jerusalem, July 1, 2026.
Benjamin Netanyahu and Prof. Amir Yaron.

The Governor warns: 'Unrestrained defense budget will lead to an increase in deficit and inflation'

Prime Minister Benjamin Netanyahu meets with opposition head Yair Lapid, June 17, 2025

Lapid calls on Netanyahu to convene defense budget committee, release NIS 11b. to IDF

Avi Simhon.

On the way to an Israeli AI crisis: Avi Simhon’s unusual warning


End of tax exemption: Tax Authority move will cost property owners dearly in Israel

The move was formulated by the Finance Ministry led by Budget Commissioner and Chief Economist due to rising spending and need for revenue. Next government will approve a two-year budget in 2027.

Bezalel Smotrich.

Netanyahu's coalition moves to fast-track controversial laws ahead of upcoming Knesset dissolution

The tensions come after the crisis in Netanyahu’s coalition with the haredi (ultra-Orthodox) parties over the controversial conscription law.

Israeli Prime Minister Benjamin Netanyahu, Finance Minister Bezalel Smotrich, Defense Minister Israel Katz and National Security Minister Itamar Ben-Gvir attend a discussion at the plenum in the Knesset, Israel's parliament, in Jerusalem, July 23, 2025.

Israel’s 'bloated, unstable' gov't harms public service, wastes millions each year, report finds

State Comptroller Englman recommends limiting ministries, ending duplication, and requiring full staffing and budget groundwork before government powers are reshuffled.

New Israeli Shekel banknotes are seen in this picture illustration.

Israel just quadrupled its PR budget to $730M, experts claim it won’t work

Israel has quadrupled its public diplomacy budget to $730 million, but experts say no amount of PR can reverse damage caused by policy and the war in Gaza.

Israeli Foreign Minister Gideon Sa'ar holds up a copy of The New York Times as he speaks during a United Nations Security Council meeting at the United Nations headquarters on in New York City on August 5, 2025.

While IDF soldiers fight, Israel's government rewards draft dodgers - opinion

So, you pick up your rifle, and you fight. But then, somewhere between operations, you get an update on the news back home. In Jerusalem, you read, the government has passed the annual budget...

Ultra-Orthodox men block a road during a protest against the jailing of seminary students who failed to comply with the IDF draft, in Jerusalem, in February.

Bank of Israel keeps rate unchanged, cuts growth forecast

Ministry of Finance director general Ilan Rom also announced his resignation following the passage of the 2026 state budget by the Knesset

Israeli shekel

Protesters block Knesset entrance following approval of 2026 state budget

"While the Israeli public is sitting in shelters, the government of massacre approves a pig-sized budget," the protesters stated.

PROTESTERS GATHER outside the Knesset against the approved 2026 budget.

Netanyahu seeks to avoid snap vote as Iran war gives no boost in polls

Nearly four weeks into a war that has so far failed to achieve the toppling of Iran's clerical rulers, Prime Minister Benjamin Netanyahu is reportedly looking to stave off early elections.

PRIME MINISTER Benjamin Netanyahu giving a press conference, March 19, 2026.

Knesset says Finance Ministry acted unlawfully on haredi funding transfers

Knesset officials say haredi funds were distributed before approval, raising legal concerns ahead of a High Court hearing on the dispute.

 Jewish yeshiva students study at the Kamenitz Yeshiva, in Jerusalem on September 9, 2024.

Knesset Finance Committee approves Israel’s 2026 state budget ahead of final reading

The decision followed debates in the committee that went late into the night. The second and third readings are expected to take place in the Knesset plenum on Thursday.

Finance Committee chair MK Hanoch Milwidsky leads a Finance committee meeting at the Knesset, the Israeli parliament in Jerusalem, during the war with Iran and Hezbollah, March 15, 2026.