Finance Ministry
Israeli-media coverage mentioning Finance Ministry, translated into English and compared across sources. 48 recent stories.
Finance Minister Smotrich Proposes Reservist Burden Reduction Plan with 30-Day Annual Limit
Israeli Finance Minister Bezalel Smotrich announced a plan to reduce reservists' annual duty to 30 days by 2027 by expanding the pool of reservists and improving service condition…
Israel Aerospace Industries Reports Record Orders and Profits Amid Defense Budget Payment Delays
Israel Aerospace Industries reported record orders and profits in Q2 2026, with a $35 billion backlog and $229 million net profit. However, payment delays from the Israeli Defense…
Dr. Gali Nahari Calls for Radical Overhaul of Israel's Education System
Dr. Gali Nahari urges a comprehensive overhaul of Israel's outdated education system, criticizing political reluctance to enact deep reforms. She warns that without fundamental ch…
Discount Bank Reports 8% Net Profit Increase but Plans Lower Dividend Payout Than Competitors
Discount Bank posted an 8% rise in Q2 net profit to 1.2 billion shekels but plans a lower dividend payout than competitors. The bank is also pursuing workforce reductions and cons…
Israel Faces Massive Security Budget Gap Amid Political and Economic Challenges
Israel's defense budget demand for 2026 has surged to 183 billion shekels, far above the approved 112 billion, driven by expanded military responsibilities and equipment needs. Po…
Israel’s Environmental Fund Faces 4 Billion Shekel Deficit After Years of Overspending
Israel’s Environmental Protection Ministry faces a 4 billion shekel deficit in its Cleanliness Fund after years of overspending and reallocating funds. Despite billions collected…
Finance Ministry's Plan to Dissolve Education Ministry Aims to Rescue Israeli Teachers
Dr. Yaffa Buskila supports the Israeli Finance Ministry's plan to dissolve the Education Ministry and transfer school management to local authorities, arguing it is essential to i…
Bank Hapoalim Reports 2.5 Billion Shekel Profit in Q2 Despite Special Tax
Bank Hapoalim earned a net profit of 2.5 billion shekels in Q2 with a 15% return on equity, despite a special tax on banks. Credit grew 6.6% this year, and the bank declared a 1.2…
Israel's Finance Ministry Conceals 19 Billion Shekel Fiscal Buffer Amid War Spending Surge
Israel's Finance Ministry reports a sharp deficit reduction to 3.3% of GDP amid war, driven by a 38 billion shekel tax revenue surge. Defense spending has tripled, raising budget…
Israeli Startup Decart in Advanced Talks to Sell to Elon Musk's SpaceX for Over $6 Billion
Israeli startup Decart is in advanced talks to sell to Elon Musk's SpaceX for over $6 billion, while Israel's finance ministry reports heavy investor activity in the housing marke…
Yair Golan Launches $1 Billion Plan to Combat Crime in Arab Society, Seeks Interior Ministry Role
Yair Golan and the Democratic Party launched a $1 billion emergency plan to combat crime in Israel's Arab community, aiming to establish a special crime cabinet, task force, and t…
Netanyahu Launches National AI Program to Secure Israel’s Global Leadership
Prime Minister Benjamin Netanyahu and National AI Staff head Erez Eskal launched Israel’s National AI Program to secure global leadership and boost the economy. The plan expands G…
Israel’s Concentration Committee Advises Against Shapir’s Acquisition of Ashdod Refinery
Israel’s Concentration Committee has advised against Shapir Engineering’s acquisition of the Ashdod Oil Refinery, citing concerns over excessive market concentration. The final de…
Israel’s Finance Ministry Tightens Green Tax Formula, Raising Prices on Thousands of Cars from 2027
Israel's Finance Ministry updated its green tax formula for imported cars, tightening pollution standards and causing price increases of 3,000 to 8,000 shekels on many models from…
Israeli Defense Ministry Adopts Chinese Resilience Model Amid US Policy Disappointment
Israel's Defense Ministry plans to adopt a Chinese-inspired resilience model for military procurement, citing US policy disappointment and global arms challenges, alongside a prop…
Leading Israeli Real Estate Firms Propose Payment Relief to Boost Office Sector
Top Israeli commercial real estate firms formed a forum to request government relief on land payments and taxes to revive the struggling office sector. They propose partial land r…
Netanyahu Seeks Increased Defense Budget Without Specifying Funding Amid Election Tensions
Prime Minister Netanyahu seeks a long-term increase in Israel's defense budget without clarifying funding sources, opting for deficit spending ahead of elections. This strategy ri…
IDF Faces Urgent Apache Helicopter Shortage as Purchase Approval Delays Risk Production Slot
The IDF urgently needs 12 new Apache helicopters, but delays in financial approval from Israel's Finance Ministry risk losing production slots and doubling costs. The Defense Mini…
Israeli Government Approves Urgent 1 Billion Shekel Boost to Defense Budget Amid Emergency
Israel’s government plans to urgently allocate 1 billion shekels to defense amid a national emergency, raising the defense budget to a record 184 billion shekels. Prime Minister N…
Netanyahu Demands Additional NIS 50 Billion for Security Budget Expansion Amid Treasury Tensions
Prime Minister Netanyahu has demanded an additional NIS 50 billion to Israel's planned decade-long security budget increase, raising tensions with the Finance Ministry. The Defens…
Rising Life Expectancy in Israel Demands Financial Planning Beyond Housing Support
Israel's rising life expectancy brings increased health challenges and financial burdens, especially from dementia care. The Finance Ministry plans pension reforms that may reduce…
Yesh Atid Leader Meridor Signals Talks with Likud Defectors Ahead of Elections
Saul Meridor of Yesh Atid revealed talks with Likud members about defecting to the opposition bloc after elections, aiming to form a government with Gadi Eisenkot as prime ministe…
MG4 Urban Electric Car Offers Strong Value at 120,000 Shekels Amid Tax Policy Uncertainty
The MG4 Urban electric car launches in Israel at 120,000 shekels, delivering a spacious, well-equipped family EV with a 320-405 km range. Its European-tuned chassis and fast charg…
Mekorot Sues Israeli Government Over Soaring Property Tax on Water Facilities
Mekorot has petitioned Israel's Supreme Court against the government and local authorities for failing to regulate property tax rates on water infrastructure, leading to excessive…
Israel Allocates $33 Million to Restore Over 70 Heritage Sites in West Bank
Israel's Ministry of Heritage is investing 113 million shekels to restore and develop over 70 heritage sites in the West Bank, aiming to strengthen Jewish identity and improve tou…
Israel Likely to Maintain Chevron’s Gas Holdings to Preserve Regulatory Stability
Israel’s energy policy committee plans to maintain Chevron’s dominant gas holdings to ensure regulatory stability and attract investment. The decision avoids forcing Chevron to se…
Israeli Tax Authority Plans Higher Tax on Tech Stock Options, Lower Income Tax
Israel's Finance Ministry and Tax Authority are considering raising taxes on high-tech employee stock options while lowering income tax on salaries to boost state revenues amid ri…
Israeli Welfare Ministry Fails to Set Fair Criteria for Food Card Distribution, Funds Likely to Remain Unallocated
The Israeli Welfare Ministry has not established fair criteria for distributing over 250 million shekels in food aid, largely due to Shas party demands favoring ultra-Orthodox com…
Israeli Government Proposes Reforms to Streamline Social Services Procurement Amid Privatization Challenges
An Israeli government report exposes major flaws in the privatized social services procurement system, recommending streamlined tender processes and a dedicated support center to…
Finance Committee Debates Coalition Budget Transfers Without Approval From Agreement Committee
Israel's Finance Committee debated transferring coalition budget funds without Agreement Committee approval, prompting a Supreme Court petition to halt the process. The transfers…
Israel's Finance Ministry Proposes Higher National Insurance Fees for Non-Working Populations to Cover Deficit
Israel's Finance Ministry warns the National Insurance Institute will face a deficit by 2029 and proposes raising insurance fees for non-working groups like unemployed individuals…
Israel Considers Cutting Solar Roof Tariffs, Threatening Renewable Energy Growth
Israel is considering significant cuts to tariffs for solar rooftop electricity producers, risking the viability of thousands of renewable energy projects. This comes as the count…
Trump’s Iran Threats Drive Israel’s Defense Costs to Over 51 Billion Shekels
Israel’s defense forces rapidly mobilized last weekend amid renewed threats from Iran following US President Trump’s warnings, driving defense costs above 51 billion shekels. Desp…
Israel Plans Interior Minister Appointment During Election Period Amid Legal Challenge
Israel's government told the Supreme Court that Prime Minister Netanyahu plans to appoint a permanent Interior Minister during the election period amid legal challenges over the c…
Israeli Education Ministry Issues License Revocation Warnings to 31 Haredi Schools Over Core Curriculum Deficiencies
The Israeli Ministry of Education warned 31 Haredi schools of license revocation for not teaching core subjects, amid a dispute with the Finance Ministry over funding legality for…
Israeli Education Ministry Issues License Revocation Warnings to 31 Ultra-Orthodox Schools for Not Teaching Core Subjects
The Israeli Ministry of Education has warned 31 ultra-Orthodox schools that they risk losing their licenses for not teaching core subjects, following a petition challenging illega…
Israeli Banks Threaten to Halt Financial Services to Palestinian Authority Over Terror Funding Risks
Israeli banks Discount and Hapoalim plan to stop correspondent banking services to Palestinian banks within months due to terror funding risks. They urge the Israeli government to…
Israel Faces 11% Price Surge Since Government Formation Amid Unmet Economic Promises
Since the current Israeli government formed, prices have risen sharply by 11%, with food costs up 15%, while key promises like monopoly dismantling and free early childhood educat…
Transport Minister Miri Regev Faces Setbacks as Key Promises Stall Amid Political Challenges
During Miri Regev's term as Israel's Transport Minister, several major initiatives including Uber legalization, a foreign airline hub, and stricter driving fines stalled due to po…
Israeli Government Supports Kibbutz Decision to Demolish and Relocate 'Dor Tzair' Neighborhood Memorial
The Israeli government has officially backed Kibbutz Kfar Aza's decision to fence off, demolish, and relocate the 'Dor Tzair' neighborhood memorial, a site of the October 7 massac…
Israeli Tourism Ministry Proposes 400 Million Shekel Loan Fund to Boost Hotel Development
The Israeli Ministry of Tourism has asked the Finance Ministry to create a 400 million shekel loan fund to help hotel developers overcome financing challenges and expand Israel's…
Antitrust Committee Advises Against Shapir's Acquisition of Ashdod Oil Refinery
Israel's Antitrust Committee advises against approving Shapir Group's acquisition of the Ashdod oil refinery due to concerns over excessive market concentration and government dep…
Israeli Finance Ministry Proposes Cutting Mandatory Pension Contributions to Boost Consumption
Israel's Finance Ministry is considering reducing mandatory pension contributions to increase workers' net income and boost consumption amid budget deficits. While this could ease…
Tensions Rise as Funding for Haredi Education Stalls Amid Coalition Dispute
Moshe Gafni of Degel HaTorah accused Shas and Aryeh Deri of blocking funds for Haredi education tied to a deal with Finance Minister Bezalel Smotrich. Shas denied the claims, blam…
Israeli Tax Authority Reviews Highly Successful Corporate Profit Reform Amid Market Distortions
Israel's Tax Authority is reviewing a highly successful corporate profit retention reform that doubled tax revenues but caused market distortions, especially in office real estate…
High Mortgage Volume in June Reflects Past Deals, Not Housing Market Revival
Israel's June mortgage surge to 11 billion shekels mainly reflects fulfillment of older contracts, not new housing demand, according to the Finance Ministry. Market experts expect…
Israeli Finance Committee Debates Massive Funding Transfers to Haredi Institutions and West Bank Settlements
The Knesset Finance Committee met during the recess to approve hundreds of millions of shekels in funding to Haredi institutions and West Bank settlement projects, sparking opposi…
Israeli Politicians Debate Key Issues Ahead of 2026 Elections
Ahead of Israel's 2026 elections, MK Tzvi Sukkot and Liran Abisher Ben-Horin debated key issues including security, economy, education, and Israel-US relations, outlining contrast…