Finance Ministry

From Tel Aviv to Haifa in 30 minutes: Israel Railways to launch high-speed line by 2029

According to the Transportation Ministry, trains on the new line will be capable of speeds up to 250 kilometers per hour.

View of the Israel Railways train near the southern Israeli city of Sderot, July 21, 2025.
 An Israeli APC manoeuvres next to other military vehicles on the Israeli side of the Israel-Gaza border, July 16, 2025.

Israel to boost defense spending by NIS 42 b. in light of multi-front wars

 A Tel Aviv Apartment destroyed by an Iranian missile, June 16, 2025.

Gov't launches project to rebuild homes destroyed by Iranian missiles

 Finance Minister Bezalel Smotrich (center) with Histadrut head Arnon Bar-David (right of center), Presidency of Business Organizations chair Dubi Amitai (left of center), and others announcing compensation for businesses, June 23, 2025.

Government, labor associations announce compensation for businesses amid Iran war


Almost 15,000 homes damaged by Iranian attacks, thousands evacuated

Some 24 buildings were identified as needing to be demolished following damage from Iranian strikes, Finance Minister Bezalel Smotrich said.  

 Israeli security and rescue forces at the scene where a ballistic missile fired from Iran hit and caused damage in Petah Tikva, June 16, 2025

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."

 A road in Tel Aviv, June 14, 2025.

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

“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.

Smotrich orders cancellation of waiver on cooperation with Palestinian banks

This move could effect the collapse of the PA.

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

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 general view of houses in the Israeli settlement of Maale Adumim in the West Bank

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.

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

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.

 Finance Minister Bezalel Smotrich and Yaffa Ben-David, Secretary-general of the Teachers Union.

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.

An empty classroom in a school in Givatayim amid the teachers' strike. May 6, 2025.

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

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. 

 View of exterior of an empty school amid teachers strike May 5th, 2025.

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

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

(L to R): Defense Minister Israel Katz, National Security Minister Itamar Ben-Gvir, Prime Minister Benjamin Netanyahu, Finance Minister Bezalel Smotrich, Foreign Minister Gideon Sa'ar.

‘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.