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Israeli Finance Ministry Unveils $460 Million Aid Package for High-Tech and Export Sectors Amid Shekel Surge

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First reported by Globes · Jun 30, 2026

What happened

Israel’s Finance Ministry unveiled a 1.6 billion shekel aid package to support high-tech and export sectors hit by the shekel’s sharp rise. The plan includes grants for startups and industrial firms but excludes demands for tax payments in dollars. Industry leaders call for immediate operational support alongside growth incentives.

01Israel’s Finance Ministry launches 1.6 billion shekel aid package for high-tech and exports.
02One billion shekels allocated for matching grants to startups and growth companies.
03570 million shekels directed to industrial sector, including tax benefits and equipment grants.
04Plan excludes exporters’ demand to pay taxes in dollars amid shekel appreciation.
05Industry association urges immediate operational support, not just future growth incentives.
06Finance Minister calls on Bank of Israel for sharp interest rate cuts to boost economy.

Summary translated & synthesized from the sources below by baba. Read each original for the full report.

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