Finance Ministry

Israeli ministry dealing and overseeing all matters concerning country's economy

Israel's economy must function amid Iran attacks, chairman of umbrella business org says

 “The Israeli economy has been operating for nearly two years in a state of war and has gained significant experience in handling emergency situations."

'Allies don't sanction allies': Finance Minister Bezalel Smotrich unfazed by UK sanctions

“There will be a very strong response toward these countries, the Palestinian Authority, and steps which will significantly strengthen Israel's presence in Judea and Samaria."

Finance Minister Bezalel Smotrich speaks in the Knesset plenum, in Jerusalem, March 25, 2025

Smotrich orders cancellation of waiver on cooperation with Palestinian banks

This move could effect the collapse of the PA.

10/06/2025
A general view of houses in the Israeli settlement of Maale Adumim in the West Bank

Israel approves 22 West Bank settlements amid war with Hamas, pressure for Palestinian state

Legal Affairs correspondent Sarah Ben-Nun explains the context of settlement approval, touching on expansion during the Israel-Hamas War, IDF operations in the West Bank, and more.

 A map of 22 areas in the West Bank that were approved for new Israeli settlements, May 29, 2025.

Gov't approves establishment of 22 new West Bank settlements

The decision includes plans to renew settlement activity in northern Samaria and develop new communities along the Jordan Valley border.

Finance Ministry, Teachers Union reach agreement in wake of teacher strikes

In addition, the clause published in the May 4 draft proposal that would have halted rank promotions for four months has been removed.

Court rules: Teachers who took sick leave as protest must return to work

Some tens of thousands of teachers have been on a “sick day” strike since the start of the week.

'It's about more than money': Uncertainty remains over end to teacher strike

Despite new understandings between the Finance Ministry and the Teachers’ Union, it remains unclear whether disruptions in the education system will soon come to an end. 

05/05/2025

Gov't members to raise own salaries while teachers strike over budget cuts

Just one day earlier, Smotrich wrote a letter to teachers, assuring them that rumors of government members receiving a pay raise are false.

‘You are being incited with lies’: Smotrich denies Finance Ministry responsible for teacher pay cuts

Smotrich claimed there were necessary budget cuts across multiple sectors as a result of the war's growing cost.

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