Israeli Government Budget

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

According to the announcement, funds will be pulled from government ministries' budgets, resulting in a 4.9% cut for each ministry.

Finance Minister Bezalel Smotrich attends a press conference at the Finance Ministry in Jerusalem, July 1, 2026.
High Court Justice; illustrative.

High Court lifts freeze on NIS 78m. Religious Services funding, keeps broader freeze in place

Defense Minister Israel Katz in a meeting with high-ranking IDF officials.

Israel set to transfer one billion shekels to Defense Ministry for 'urgent, classified procurement'

The nine-member panel at the High Court of Justice looks on as the hearing opens in Jerusalem.

High Court freezes Finance Committee budget transfers over procedural flaws


'Israel needs NIS 171 billion to match Western standards'

A lack of effective government highlights the necessity for substantial reform in Israel's civil infrastructure, increasing investment in several areas.

 A street vendor sells bagels amid a crowd of protesters demonstrating against judicial reform in Tel Aviv, March 1, 2023.

Movement for Quality of Gov't urges AG to ban coalition funds

Following the passing of the amended 2023 budget last week, the Movement for Quality of Government (MQG) urged in a letter to Baharav-Miara to freeze coalition funds.

 DR. ELIAD SHRAGA, founder and chairman of the Movement for Quality Government in Israel, speaks at a press conference against the proposed changes to the legal system, outside the Supreme Court in Jerusalem.

Revised 2023 State Budget approved, to be reviewed in coming days

An additional 28.9 billion shekels has been allocated for 2023 to cover rising war-related expenses

 FINANCE MINISTER Bezalel Smotrich and Economy Minister Nir Barkat attend a meeting in September.

Likud holds first faction meeting in months ahead of budget vote

The amended budget faces heavy criticism from the opposition for its continued use of coalition funds which Finance Minister and Prime Minister Benjamin Netanyahu said wouldn't be used during the war

 Israeli Prime Minister Benjamin Netanyahu (R) and Justice Minister Yariv Levin are seen at a cabinet meeting in Jerusalem, on July 9, 2023.

Direct coalition funds to the war effort, now - editorial

Today, as Israel faces an unforeseen expenditure of enormous proportions and an economic crisis that may linger for years, using these funds for anything else is downright scandalous.

 FINANCE MINISTER Bezalel Smotrich attends a discussion on the state budget, at the Knesset Finance Committee, in July. The state budget for 2024 and the next few years must be fundamentally redrafted, say the writers.

Israel shuts down public diplomacy ministry, budget heads to South

The Public Diplomacy Ministry was opened at the beginning of this year for the first time since 1975 and was in charge of hasbara (explaining) in Israel and abroad.

People walk with their belongings next to a bus as Israelis are evacuated from the southern town of Sderot, near Israel's border with Gaza, October 15, 2023.

Gov't allocates NIS 2 million to back non-Orthodox faith groups

These funds will be administered by the Social Equality Ministry, which is headed by Amichai Chikli.

 Jews pray while activists protest against gender segregation in the public space during a public prayer on Dizengoff Square in Tel Aviv, on Yom Kippur, the Day of Atonement, and the holiest of Jewish holidays, September 25, 2023.

Smotrich unfreezes funds for Israeli Arabs after security chiefs meeting

As part of the agreement reached, the funds will be transferred from the Finance Ministry to the Interior Ministry, which will then allocate and move the funds over to Arab local councils.

 FINANCE MINISTER Bezalel Smotrich speaks during a press conference in Jerusalem on August 9, 2023..

Pensioners and volunteers won’t save education - opinion

The system is unable to support its teachers to cope with the cost of living, and with the growing challenges in educating Israeli children.

 ISRAELI TEACHERS from different groups of society take part in the Village Way annual conference last October

How does Israel's new gov't budget impact your taxes?

Below is a review of some income tax and VAT measures thanks to the new Israeli government budget.

 PRIME MINISTER Benjamin Netanyahu, cabinet ministers and coalitin MKs celebrate the passage of the state budget in the Knesset plenum, last month.