Israel raised a record $8 billion in bond sales amid the ongoing Israel-Hamas war, showcasing investor confidence despite recent economic challenges.
The issuance of US bonds and the high demand total $38 billion. Smotrich: "A vote of confidence from investors in the Israeli economy."
One of the last pillars of Rabin, Peres, and Barak's Labor party, Avraham 'Beigele' Shochat, passes at the age of 87.
The increase will not be mitigated by the usual subsidy on gas, which has been suspended in light of wartime budget cuts.
Israel plans $60 billion loan for Gaza war as government expenditures and VAT are set to rise.
Protests sounded against the intention of the Health Ministry and the Treasury to impose stiff fees on patients going to psychiatric hospital emergency rooms.
Following pressure from Finance Minister Bezalel Smotrich, the PA's offset will be increased by an additional NIS 21 million.
The government’s plan to raise the health tax will be aimed at providing NIS 1 billion for mental-health services, especially to those suffering after October 7.
According to the PA, it has been in a financial crisis since 2020 and is now operating under "the most restrictive budget," the WSJ reported.
Moody’s announcement is viewed by both Netanyahu and Finance Minister Bezalel Smotrich as politically motivated and surreal, since they both keep speaking of the basic strength of the Israeli economy
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