Israeli Government Budget

Israel's 2026 budget needs balance between defense, civilian spending, finance min says

Israel's budget deficit for 2026 needs to be no more than 4% of gross domestic product, a senior Finance Ministry official said on Tuesday.

 THE ISRAEL Tax Authority is apparently interpreting ‘mail’ to include email and downloads from the Internet.
Bezalel Smotrich is seen pointing down in an illustrative featuring credit agency Moody's.

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

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.

Bank of Israel chief critical of 2025 wartime budget

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

Israeli government approves 2025 budget in Knesset, passing major hurdle


Ben-Gvir agrees to vote with coalition after alleged ‘progress’ in budget negotiations

According to the statement, the Prime Minister instructed the parties to reach finalized agreements within seven days.

 Itamar Ben-Gvir (L) and Bezalel Smotrich.

Welfare, wage, and ministry cuts: Treasury unveils plan for 2025 budget

The budget outline includes closing five ministries and numerous budget cuts to ministries, which may bring resistance from ministers and slow its passage through the Knesset.

 FINANCE MINISTER Bezalel Smotrich speaks at a news conference at the Finance Ministry in Jerusalem, last week.

Here's why now is the most critical and opportune time to invest in Israeli AI tech - opinion

As the war that began on October 7 continues, Israel faces critical challenges in security, energy, and the economy, the nation must turn to its innovative spirit: AI technology.

 Strategic AI investment in Israel could create 50,000-100,000 jobs and add $100-$200 billion to GDP within five years, mirroring trends in other countries.

NIS 727 billion budget expansion passes in Knesset as Israel-Hamas War continues

The Knesset approved a second 2024 budget, driven by the Israel-Hamas war, with 57 votes for and 51 against.

Inside the Knesset building.

Smotrich advances extra-budgetary war funds despite Finance min professional warning

Finance Minister Smotrich seeks approval for a NIS 3 billion fund to cover war expenses, sparking internal tension over Israel's budget management.

 Finance Minister Bezalel Smotrich speaks at the the The 10th Katif Conference for National Responsibility. August 5, 2024.

Government announces extension of evacuations from North, South

The evacuation extensions will be financed by a sweeping 1% budget cut.

 Kiryat Shmona evacuees

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.

 Bezalel Smotrich

Netanyahu, Smotrich blame each other for price hikes

"It is inconceivable that the concern for the PA and terror funds that it pays to families of terrorists will be more important than the citizens of Israel," Smotrich wrote.

 Israeli Finance Minister Bezalel Smotrich speaks with Prime Minister Benjamin Netanyahu as lawmakers gather at the Knesset plenum to vote on a bill that would limit some Supreme Court power, in Jerusalem July 24, 2023.

'Dermer promised the Saudis a Palestinian state': Liberman hits back at government

Liberman, chairman of the Yisrael Beiteinu party, criticized the government's budget plan and raised concerns that cabinet member Dermer made commitments to the Saudis about a Palestinian state.

 MK Avigdor Liberman speaks during a plenum session at the assembly hall of the Knesset, the Israeli parliament in Jerusalem, March 6, 2024.

Israel's Knesset passes national budget as Netanyahu reaches last-minute deal

In an unexpected development, Agriculture Minister Dichter threatened to not support the budget over cuts to agricultural research, leading to an announced delay.

 Finance Minister Bezalel Smotrich and Prime Minister Benjamin Netanyahu in the Knesset plenum on March 13, 2024

Israel's Knesset begins marathon debate on new 2024 budget

Although the 2024 budget is highly likely to be passed into law by Wednesday, many controversial factors remain on the agenda, namely funding for the haredi education system.

 Head of the Finance committee MK Moshe Gafni speaks during a discussion on the state budget at the assembly hall of the Israeli parliament in Jerusalem, March 12, 2024.