Budget

The bills were expected to pass with a comfortable majority, following the return of MK Itamar Ben-Gvir’s Otzma Yehudit party to the government.

Israel’s 2025 budget faces opposition pushback over proposed spending cuts, potentially delaying its approval ahead of the March 31 deadline.

The bill is currently being prepared in the Knesset Foreign Affairs and Defense Committee but is unlikely to pass by the end of the month.

The decision means that the funds will no longer be labeled as “coalition funds”.

Coalition funds are a part of the national budget aimed at enabling the implementation of political agreements.

The vote over coalition funds has been delayed.

While preparation of the haredi draft bill sped up in the Knesset Foreign Affairs and Defense Committee in recent weeks, it is still unlikely to pass into law by March 3.

We cannot afford to neglect advocacy. This is precisely how the Civil Advocacy Headquarters was founded. But without financial backing from the state, it is fighting a losing battle from the outset.

Treasury official to Post: The continuing budget has the advantage of slowing expenditure, which moderates the deficit, but this comes with uncertainty and limits on the government to plan and act.

As part of the 2025 budget tax package, the Knesset passed an amendment that expands and increases what is sometimes known as the “Rich Man’s Tax” on high-income taxpayers.