Finance Ministry

Smotrich presses Ofer Winter to drop Knesset run in exchange for Defense Ministry appointment

The finance minister additionally stated that he would offer Winter a directorate for haredi (ultra-Orthodox) enlistment and integration into the workforce. 

Finance Minister Bezalel Smotrich attends a press conference at the Finance Ministry in Jerusalem, July 1, 2026.
Finance Minister Bezalel Smotrich attends a press conference at the Finance Ministry in Jerusalem, July 1, 2026.

Israeli gov't approves NIS 2.5 billion for defense, slashing ministry budgets ahead of elections

Professor Yaron Zelekha, chairman of the New Economic Party and a candidate on the joint electoral list with Yoaz Hendel’s Reservists Party, speaks during a press conference in the central Israeli city of Modi’in, ahead of Israel’s upcoming general elections, October 15, 2026.

Yaron Zelekha slams Netanyahu's economic policy, vows to cut cost of living

An Israeli Apache military helicopter flies over Gaza, as seen from Israel September 16, 2025.

Israel confirms purchase of 12 Apache 'Echo' helicopters in major Boeing defense deal


Safed Rabbinical Court may close this fall despite strong local demand

Several rabbis wrote a letter to the chief rabbi opposing the decision, and the Rabbinical Courts Administration said it is doing everything "in its power" to stop the closure, the report said.

 Buildings in old city, Safed, Northern District, Israel.

The Finance Ministry’s new move targets small savings

New reform: Instead of paying a penalty to the Tax Authority every time you want to switch to a more profitable track, you will be able to skip between companies and products completely freely.

Shekels and dollars

Israel launches NIS 1.6b. package to support exporters, hi-tech

Finance officials said the plan offers immediate relief, but warned companies must also improve efficiency and adapt to the stronger shekel.

View of the Nvidia Corporation offices at the Yokneam High-Tech Park, September 8, 2024.

Smotrich launches NIS 1.6 billion aid plan for high-tech and exporters

The Ministry of Finance will inject NIS 1 billion to save startups from closing, and will distribute hundreds of millions more to industrial plants.

The Minister of Finance Bezalel Smotrich

"The Treasury took hundreds of billions from National Insurance surpluses"

Former National Insurance director general, Meir Spiegler, in an unprecedented attack on the Ministry of Finance: "Hundreds of billions in collection surpluses have disappeared."

Meir Spiegler

Goldknopf proposes lowering the VAT to 17%

Just a few months before the elections, the housing minister who voted in favor of raising the VAT proposes lowering it to 17%. The Finance Ministry clarifies that the proposals will not be adopted.

Construction and Housing Minister Yitzhak Goldknopf

The Dimona mayor’s ultimatum to the Ministry of Finance

Benny Biton, Mayor of Dimona and Deputy Chairman of the Federation of Local Authorities: "Every apartment built today represents a loss of NIS 5,000 for the local authority."

Eran Rolls, Chairman of the Israeli Building Center

End of tax exemption: Tax Authority move will cost property owners dearly in Israel

The move was formulated by the Finance Ministry led by Budget Commissioner and Chief Economist due to rising spending and need for revenue. Next government will approve a two-year budget in 2027.

Bezalel Smotrich.

New Gaza border region teachers, psychologists offered NIS 72,000 grant by Israeli government

Those sought for the grant include professionals versed in English, computers, physics, biology, chemistry, technology, therapeutic professions, kindergarten teaching, and educational counseling.

View of moshav Tkuma, southern Israel. April 1, 2025.

Israel must overhaul trauma care for 50,000 former IDF soldiers, defense committee urges

A government panel called for a new independent authority to handle tens of thousands of IDF trauma and PTSD cases.

 IDF troops operate in the Gaza Strip. July 25, 2024.