Budget

Alexey Izmalkov

Gov't to approve 1.03% cut-off in ministries' budget for aid to Gaza border communities

The benefits for the evacuees will be financed by a sweeping 1% budget cut.

Is the 2025 budget Israel's next social powder keg?

The budget is an opportunity for the government to show the public it is prioritizing the needs of the many.

20/06/2024

Israel's 2025 budget: Smotrich announces changes to how budget built, work to start this week

Per the minister's instructions, presentations on the budget will be held over two focused days instead of over the course of months.

09/06/2024

Budget deficit could pass 10% at years end, opposition MKs warn

The result is that ahead of the 2025 budget, the state will either need to reduce its spending, which could affect its ability to provide services; or raise taxes.

No matter how big, Israel's defense budget alone can't provide security

Former INSS head says security is dependent on a diplomatic process, not just budgetary increase.

21/05/2024

Former Bank of Israel governor: Gov't economic response to Israel-Hamas war is insufficient

There are many characteristics of Israel's economy that make it resilient, says expert, but the future of the war could have drastic impacts on Israel's economy.

20/05/2024

Knesset already reaches budget deficit yearly ceiling in April

If you neutralize the effect of delayed taxes due to Passover, the budget still eclipsed its ceiling and reached 6.7%.

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