The Israel-Hamas War is adding to the government’s budgetary needs. So, taxes won’t be cut any time soon.
The total budget for 2025 will be approximately NIS 706 billion, and include budget cuts relative to the 2024 budget, totaling about NIS 37 billion.
Security challenges require us to unite as a society, but they must not become an excuse to neglect the state’s basic duty toward its citizens.
"It is too early to say whether these risks will be significantly and sustainably reduced," Moody's later said in a statement.
Data in the State Comptroller’s report reveals that while the construction cost was indeed NIS 500 million, the real cost of the project is much higher.
Each oleh contributes not only to our workforce but also enriches our society with diverse perspectives, skills, and entrepreneurial spirit.
Experts warn of economic impact as Israel’s defense budget reaches 6.5% of GDP.
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