Budget

 Finance Minister Bezalel Smotrich attends a Finance committee meeting at the Knesset, on June 10

Uncertainty on when US aid will reach Israel may lead to further 2024 budget adjustments

Because the ministry does not currently know how much American aid will arrive and when, they decided not to account for this in the current expansion of the 2024 budget.

Economy Minister Nir Barkat and Finance Minister Bezalel Smotrich speak in the Knesset plenum

Economist warns: Israel's war costs could reach 10% of GDP, raising urgent challenges

"It is not unlike a second war of independence. And unlike the Yom Kippur War of 1973, which lasted three weeks, its end is not in sight.”

By NATHAN KLABIN/THE MEDIA LINE
16/09/2024

NIS 727 billion budget expansion passes in Knesset as Israel-Hamas War continues

The Knesset approved a second 2024 budget, driven by the Israel-Hamas war, with 57 votes for and 51 against.

Goldknopf – UTJ will not support 2025 budget without haredi IDF draft bill

The legal blanket haredi exemption from IDF service ended in July 2023 after being ruled unequal and therefore unconstitutional.

Knesset approves first reading of 2024 budget expansion bill

According to Finance Minister Bezalel Smotrich, the change will not increase the state's budget deficit at year's end, since it will be offset by higher-than-expected national income from taxes.

MK Mickey Levy slams Smotrich and Englman over budget delay and war report

MK Mickey Levy condemns Finance Minister Smotrich for missing the budget deadline and State Comptroller Englman for delaying the war report, urging immediate action and accountability.

By YEHUDA SHARONI , JERUSALEM POST STAFF
09/09/2024

2025 budget to include freeze of annual social security benefit increase, Smotrich says

Smotrich presented what he deemed the "central principles and budget framework," and did not lay out expected budgets in specific ministries.

Smotrich calls on budget dep. head to resign, accuses him of failing to comply with his policies

Smotrich's response to Gardos reflects the existing tension between the finance minister and one of the most important economic figures in the country.

Netanyahu and Smotrich discuss 2025 budget amid critique of delays

The two discussed the budget's framework and different alternatives for its structure, with the goal of supporting the war efforts

19/08/2024

Finance Ministry reports savings on national budget if the haredi community enlists

Head of Budget Department at Finance Ministry, Yogev Gardos, advocated for broad conscription in Israel, proposing benefits and savings, prompting debate and committee action.

By YAKI ADAMKER
16/07/2024
Subscribe for our daily newsletter
Subscribe for our daily newsletter

By subscribing I accept the terms of use and privacy policy