Finance Ministry

Israeli ministry dealing and overseeing all matters concerning country's economy

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

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

‘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.

Education Ministry backs teachers' strike on budget cuts to salaries

Benny Gantz expressed his support for the teachers as well and criticized Netanyahu's conduct on the matter.

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

High Court cannot force government to retain Bar as Shin Bet head, says Smotrich

"The responsibility for Israel's security lies with the government, and therefore, the authority [to fire Bar] rests with it," Smotrich said.

 The Finance Committee meets in the Knesset, June 2021

Knesset tensions rise as opposition seeks to block budget cuts

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

Purim Spiel: Israel solves economic crisis by just printing more money

Purim Shpiel: The following is a satirical article from The Jerusalem Post's annual parodic Purim page, The Jerusalem Roast. Enjoy!

By GREER PAYS IN CASH , MAN
14/03/2025
  RESERVE SOLDIERS of the Be’eri Battalion.

They can't keep doing reserves forever: Families react to new benefits initiative

The plan includes benefits for combat soldiers and aims to take "meaningful steps" to deepen appreciation and aid for reservists.

13/03/2025

Israel to expand financial benefits for reservists and their families

The initiative will include an allocation of around 3 billion shekels to implement measures to increase the recognition and support of reservists through financial assistance.

Israel deficit at 5.3% of GDP, NIS 16.7 billion surplus since start of 2025, Finance Min. estimates

This follows significant tax changes that were implemented at the start of 2025 – one of the measures put in place to contend with the economic impacts of the Israel-Hamas War.

10/03/2025

National Security Min. budget to reach record NIS 28b. as number of security prisoners grows

In response to the sharp rise in security prisoners, NIS 1.9 billion will be allocated to the Israel Prison Service for the construction of new detention facilities.

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