The figure for the end of July was 8.1% of GDP, or NIS 155 billion.
"The strength of an organization is built on its money, the lack of money will make the organization disappear," the source said.
Smotrich presented what he deemed the "central principles and budget framework," and did not lay out expected budgets in specific ministries.
The Knesset Finance Committee approved nearly NIS 400 million for evacuee aid, sparking criticism over fund allocation and timing.
Insured Israelis will soon be able to obtain a digitalized doctor's certificate without visiting a doctor, significantly reducing doctors' loads.
Finance Minister Smotrich seeks approval for a NIS 3 billion fund to cover war expenses, sparking internal tension over Israel's budget management.
The government is expected to approve the Finance Minister's proposal for a nearly three billion NIS budget supplement to fund evacuations, military reserves, and assistance for October 7 victims.
A recent study showed that the sudden job loss of a parent can significantly impact the child's academic future and increase the probability of their involvement in crime.
Smotrich's response to Gardos reflects the existing tension between the finance minister and one of the most important economic figures in the country.
The two discussed the budget's framework and different alternatives for its structure, with the goal of supporting the war efforts