Israel's Budget Deficit Holds at 3.3% Amid Rising Government Spending

First reported by Calcalist · 1 day ago

What happened

Israel's Ministry of Finance reports a stable budget deficit at 3.3% of GDP, supported by a significant rise in revenues and moderate spending increases, signaling economic resilience.

• 01Israel's budget deficit remains steady at 3.3% of GDP over the past 12 months.
• 02State revenues increased by 11.8% since the start of the year, reaching 362.1 billion shekels.
• 03Tax revenues rose 14.5%, with July alone generating 55 billion shekels.
• 04Government spending grew moderately by 3.5%, with defense costs up 12.6%.
• 05The cumulative deficit in 2026 is 11.5 billion shekels, much lower than last year's 37.2 billion.
• 06Finance Ministry expects spending to rise further toward the end of the year.

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

Full coverage · 6 outlets

The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.

Now 14Right · Hebrew1 hour ago

Israel's Budget Deficit Holds at 3.3% Amid Rising Government Spending

CalcalistUnrated · Hebrew13 hours ago

Israel's Finance Ministry Conceals 19 Billion Shekel Fiscal Buffer Amid War Spending Surge

MaarivCenter · Hebrew1 day ago

Israel's Deficit Holds at 3.3% Amid Rising Revenues and Security Spending Concerns

GlobesUnrated · Hebrew1 day ago

Israel's Fiscal Deficit Falls to 3.3% Amid Rising Tax Revenues by July

WallaCenter · Hebrew1 day ago

Israel Sees 12% Tax Revenue Surge in July to 53.3 Billion Shekels

YnetCenter · Hebrew1 day ago

Israel's Budget Deficit Stable at 3.3% as Tax Revenues Surge in July

CalcalistUnrated · Hebrew1 day ago

Israel's Budget Deficit Holds Steady at 3.3% of GDP in July

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