Finance Ministry

IDF Disabled Veterans Organization warns of 'national disaster' amid exclusion in defense budget

The warnings came amid debate in 2026 defense spending discussions, in which the Finance Ministry rejected the Defense Ministry's petitions to increase spending by NIS 40 billion.

Israeli Minister of Defense Benny Gantz, Israeli soldiers and Israeli veterans and disabled IDF soldiers seen during a march honoring IDF wounded and disabled IDF, in Tel Aviv, November 17, 2021.
 Buildings in old city, Safed, Northern District, Israel.

Safed Rabbinical Court may close this fall despite strong local demand

Shekels and dollars

The Finance Ministry’s new move targets small savings

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

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


Smotrich appoints Israel Malachi as new Director General of Finance Ministry

Israel Malachi, who served as the ministry’s Deputy Director General for the past three and a half years, will take over from outgoing Director General Ilan Rom.

Incoming Director General of the Finance Ministry, Israel Malachi, who was appointed by Finance Minister Bezalel Smotrich.

Finance Ministry’s relief loan to Israel’s small, medium businesses: How does it work? - explainer

The ministry announced a relief fund for small businesses with up to NIS 25 million in annual turnover, and additional help to medium businesses.

Finance Minister Bezalel Smotrich speaks at the Knesset plenum ahead of the 2026 state budget vote, March 30, 2026.

Iran war has cost Israel $11.5 billion in budgetary expenses, Finance Ministry says

The costs largely match US estimates of its own expenditures during the war, while Iran has estimated its war losses at $145 billion.

New Israeli Shekel banknotes are seen in this picture illustration taken November 9, 2021.

Knesset approves 2026 state budget in final votes, avoids early elections

The Knesset has approved the 2026 state budget, avoiding elections, as coalition partners back the plan despite earlier threats and criticism over spending priorities.

Prime Minister Benjamin Netanyahu arrives to vote at the Knesset on the 2026 state budget, March 30, 2026.

High Court orders new vote on NIS 98m haredi school funding transfer

The High Court ordered a new Knesset vote on the remaining NIS 98m in haredi school funding, as petitioners demand full data before approval.

 HAREDI YESHIVA students

Knesset advances compensation for businesses impacted by war, benefits for reservists

The compensation framework for businesses is among a series of broad measures advanced by the Finance Ministry to support businesses, employees, and nonprofit organizations impacted by the war.

Finance Committee chair MK Hanoch Milwidsky leads a Finance committee meeting at the Knesset, the Israeli parliament in Jerusalem, during the war with Iran and Hezbollah, March 15, 2026.

Willner signals disputed haredi school transfer may return to Finance Committee

At the center of the case is a December 25, 2025, Finance Committee transfer involving education funds, including money directed to haredi institutions.

 Jewish yeshiva students study at the Kamenitz Yeshiva, in Jerusalem on September 9, 2024.

Knesset says Finance Ministry acted unlawfully on haredi funding transfers

Knesset officials say haredi funds were distributed before approval, raising legal concerns ahead of a High Court hearing on the dispute.

 Jewish yeshiva students study at the Kamenitz Yeshiva, in Jerusalem on September 9, 2024.

Knesset Finance Committee approves Israel’s 2026 state budget ahead of final reading

The decision followed debates in the committee that went late into the night. The second and third readings are expected to take place in the Knesset plenum on Thursday.

Finance Committee chair MK Hanoch Milwidsky leads a Finance committee meeting at the Knesset, the Israeli parliament in Jerusalem, during the war with Iran and Hezbollah, March 15, 2026.

Knesset advances bill granting five-year tax exemption to olim, returning residents

Olim, along with returning residents who have lived abroad for at least ten years, will be eligible for the tax exemption.

Minister of Finance and Head of the Religious Zionist Party Bezalel Smotrich leads a faction meeting at the Knesset, the Israeli parliament in Jerusalem, February 23, 2026.