Budget
Finance Ministry austerity plan revealed: Rent tax and tax credits for parents
Despite the lack of a government, senior Finance Ministry officials are already preparing the 2027-2028 budget, seeking austerity measures to cover massive defense spending.
Finance Ministry prepares plan to prevent increase in deficit, fund defense, for next government
The Governor warns: 'Unrestrained defense budget will lead to an increase in deficit and inflation'
Lapid calls on Netanyahu to convene defense budget committee, release NIS 11b. to IDF
On the way to an Israeli AI crisis: Avi Simhon’s unusual warning
National Economic Council head Avi Simhon slammed power grid regulators for blocking data centers, assuring no energy shortages will occur by 2031.
Ankara raises defense spending by 229%, aiming to develop own technologies
The plan was announced during a presentation of Turkey’s new Medium-Term Program (MTP), which sets out the country’s economic roadmap for 2027-2029.
IDF warns budget delay will force reserve, intelligence cuts beginning in September
The IDF warns that delayed defense funding will force reserve and intelligence cuts, undermine preparations for Iran, and threaten US arms contracts beginning in September.
High Court lifts freeze on NIS 78m. Religious Services funding, keeps broader freeze in place
The freeze stems from a petition challenging an August 4 Knesset Finance Committee meeting held during the election recess.
High Court weighs petition against NIS 460m. coalition fund transfers during election recess
Petitioners challenged the Finance Committee’s authority to approve the funds during the election recess, while the Knesset and Finance Ministry argued that the proceedings were lawful.
Bank Hapoalim to open free financial education complex for children at Tel Aviv Port
The temporary “Junior City” complex will let children ages 5-13 earn simulated salaries, shop with a budget, and learn about financial decision-making through games and activities.
Israel set to transfer one billion shekels to Defense Ministry for 'urgent, classified procurement'
The resolution calls for the procedure "in light of the state of emergency in which the State of Israel finds itself; given the urgent and immediate need to provide an operational response"
High Court freezes Finance Committee budget transfers over procedural flaws
Justice Alex Stein’s order blocks the implementation of all transfers approved during Tuesday’s session, except for funding designated for civilian emergency expenses.
Knesset panel approves budget transfer of NIS 270 million to haredi education during recess
The committee approved a total of approximately NIS 1 billion in budget allocations for the Education Ministry, the Settlement and National Missions Ministry, and the Religious Services Ministry.
Public funds spent on Netanyahu's residences near NIS 2m. in 2025, new disclosure reveals
For the first time this year, the classification of private residences included the house on Gaza Street and additional private residences, as well as the additional residence in Caesarea.
