Budget

Annual plan to set out Israel's national spending for a defined period

Your Investments: Don’t let summer heat burn your finances

Start planning and saving well in advance of the summer so that the sudden expenses don’t send you scrambling to try and find the money to pay for them.

 Mother and toddler sitting under the tree during summer vacation. (Illustrative).
 Former Bank of Israel governor Karnit Flug.

The price of conflict: Israel's economy has barely survived over a year of war, experts say

 A forest fire is seen burning in Israel.

Israel's forests burn while gov't continues to underfund Fire and Rescue Authority

Schools are quiet as the Teachers' Union seeks to strike, May 5, 2025.

Teachers' Union strike negotiations ends after agreement reached


Trump’s 2026 budget request includes plans for an Israeli-inspired ‘Golden Dome for America’

It’s part of Trump’s proposal for a massive $113 billion increase in Department of Defense spending, a jump of 13%, amid widespread cuts elsewhere. 

 U.S. President Donald Trump holds a cabinet meeting at the White House in Washington, D.C., U.S., April 30, 2025.

‘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.

 Finance Minister Bezalel Smotrich at Knesset, February 10, 2025.

Almost half of Israelis do not think you can remove Hamas and release hostages - poll

Israel Democracy Institute found that 68% of respondents would prioritize returning the hostages, compared to 25% who would prioritize toppling Hamas.

A Palestinian Hamas terrorist speaks with a Stephanie Eller before the release of hostages held in Gaza since the deadly October 7, 2023 attack, as part of a ceasefire and a hostages-prisoners swap deal between Hamas and Israel in Khan Yunis, in the southern Gaza Strip, February 15, 2025.

Where priorities lie: Israel's largest-ever budget clogged by political patronage

The Jerusalem Dispatch Podcast with Elliot Jager and Calev Ben-David.

 Elliot Jager and Calev Ben-David on The Jerusalem Dispatch Podcast.

Knesset passes law defining rehabilitation responsibility in Israel's south, releases budgets

With the passing of the law, NIS five billion from the directorate's NIS 19 billion budget will be released for economic, social and infastructure development.

 The destruction caused by Hamas terrorists in Kibbutz Be'eri, near the Israeli-Gaza border, in southern Israel, October 14, 2023.

Israel's economic resilience comes despite gov't policy, expert tells TML

Despite government claims of resilience, economists warn the new budget depends inequality, neglects infrastructure, and bets on short-term political survival over long-term economic stability.

Bezalel Smotrich is seen pointing down in an illustrative featuring credit agency Moody's.

Smotrich passed the state budget, and all it cost was his party - poll

The Religious Zionist Party, led by Finance Minister Bezalel Smotrich, fell below the electoral threshold with just 2.6% support.

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

Bank of Israel chief critical of 2025 wartime budget

Bank of Israel governor criticized the country's 2025 budget, cautioning that it would not bring down debt levels enough to offset a spike in spending caused by the war.

Governor of the Bank of Israel Amir Yaron speaks during a press conference at the Bank of Israel offices in Jerusalem, on January 2, 2022.

Israel's 2025 budget boosts public diplomacy, transportation with major investments

The 2025 Israeli budget allocates 545 million NIS for public diplomacy, with additional funds for defense and public transportation, aiming to support reservists and reduce social disparities.

 Foreign Minister Gideon Sa'ar at the EU-Israel Association Council in Brussels, Belgium. February 24, 2025.

Protesters block Jerusalem roads as Knesset passes 2025 budget, nine arrested

Protesters blocked multiple entrances to the Knesset while a vote was held on the 2025 budget, as police attempted to disperse them.

 Police outside the Knesset in Jerusalem forcefully trying to remove the protestors, March 25, 2025.

Israeli government approves 2025 budget in Knesset, passing major hurdle

Finance Minister Bezalel Smotrich: budget for war and reservists • Yair Lapid: Middle class is tired of being exploited

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