Budget

Knesset Speaker Ohana said he had informed Finance Minister Bezalel Smotrich of his budget-reduction initiative and that the funds are expected to be deposited in the treasury.

Workers will receive cumulative wage increases, expanded pension benefits, and new welfare perks under a collective agreement valid through 2030.

On the agenda are more fighter jets, refueling aircraft, attack helicopters, naval vessels, armored vehicles, advanced weapons production, and a space project.

US President Donald Trump was directly involved in negotiating some costs for the ballroom, A Washington Post report said.

He acknowledged that new governments could "build" on his blueprint, and some critics said the plan, delayed for more than nine months, was too little, too late.

From the spiritual to the mundane, when it comes to building wealth, too often, we forget the process.

Deputy Defense Secretary Stephen Feinberg told lawmakers of the cost in phone calls earlier this week, according to the report.

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.

The tensions come after the crisis in Netanyahu’s coalition with the haredi (ultra-Orthodox) parties over the controversial conscription law.

State Comptroller Englman recommends limiting ministries, ending duplication, and requiring full staffing and budget groundwork before government powers are reshuffled.