Finance Ministry

Ultra-Orthodox parties Shas, UTJ threaten: Without legislation to exempt most eligible haredi men from military service, we will not support budget.

Members of the opposition have argued that the addition in government spending was unnecessary since the government could procure the necessary funds in other ways.

Israel's long-term future could continue to deteriorate if the government does not "understand the gravity of the moment."

Moody's ratings are intended to give investors a simple gradation system for deciding which securities will be most reliable.

The proposed reduction of the school week threatens Israel's education system and economy without addressing the real challenges in education.

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.

The Knesset Finance Committee reviewed a new spending bill by Finance Minister Bezalel Smotrich, aiming to allocate NIS 3.4 billion for war-related issues.

A review by the Ministry of Finance on the housing market shows a 29% rise in housing purchases in July 2024 compared to July 2023, with new apartment sales up by 51%.

The figure for the end of July was 8.1% of GDP, or NIS 155 billion.

"The strength of an organization is built on its money, the lack of money will make the organization disappear," the source said.