Budget

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 Justice; illustrative.
Supreme Court Justice David Mintz on May 25, 2026.

High Court weighs petition against NIS 460m. coalition fund transfers during election recess

Renderings of the Poalim Junior City complex: Ilan Assouline. Bank Hapoalim campaign

Bank Hapoalim to open free financial education complex for children at Tel Aviv Port

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'


Knesset approves NIS 30 b. increase in defense budget for ‘war-related’ expenses

The bill passed its third reading with 55 in favor and 50 against, following a full day of speeches from the coalition and opposition members.

Knesset plenary session. September 29, 2025.

Strong on defense, weak on welfare: Israel neglects the social front - opinion

The social front has been neglected in Israel during the two years of war.

THE MASAH IM HALEV project: Pitchon Lev goes around different cities across the country and, together with hundreds of volunteers, distributes basics to families who receive support from the organization.

‘Shameful’: Smotrich faces uproar from bereaved families amid push for NIS 30b. defense budget rise

Bereaved families slammed Finance Minister Bezalel Smotrich for skipping a meeting on aid, as he pushed a NIS 30b defense budget increase.

Finance Minister Bezalel Smotrich attends a committee meeting on September 14, 2025.

Knesset to vote on NIS 30 billion increase in defense budget, making cuts to other ministries

Israel’s 2025 budget vote will boost defense by NIS 30b, with haredi MKs set to abstain, leaving the tied coalition hoping the measure will still pass.

A plenum session at the assembly hall of the Knesset, the Israeli parliament in Jerusalem, September 10, 2025.

Our money, their shares: A way to return funds to the public - opinion

Is the government’s role solely to stimulate growth and employment, or also to ensure that the public becomes a full partner in the profits of hi-tech success?

New Israeli Shekel bills are seen in front of an upwards-trending graph (illustration)

The state of the Israeli economy - opinion

One major difficulty when evaluating Israel’s current economic situation is the lack of concrete data about the government’s operational plans regarding the war in Gaza.

FINANCE MINISTER Bezalel Smotrich addresses a news conference at the Finance Ministry in Jerusalem earlier this month. That Smotrich is not an economist, and is quite ignorant of current economic theory and practice, is no secret, says the writer.

Your Investments: Don’t let summer heat burn your finances

Start planning and saving well in advance of the summer so that the sudden expenses don’t send you scrambling to try and find the money to pay for them.

 Mother and toddler sitting under the tree during summer vacation. (Illustrative).

The price of conflict: Israel's economy has barely survived over a year of war, experts say

The general consensus of the conference was that Israel is only able to survive and thrive thanks to its national resilience and spirit of mutual responsibility.

 Former Bank of Israel governor Karnit Flug.

Israel's forests burn while gov't continues to underfund Fire and Rescue Authority

Our forests are burning, yet the government is stoking the conflagration by cutting budgets.

 A forest fire is seen burning in Israel.

Teachers' Union strike negotiations ends after agreement reached

This follows earlier reports of the Teachers' Union rejecting the compromise proposal to shorten the planned strike from three hours to just one hour.

Schools are quiet as the Teachers' Union seeks to strike, May 5, 2025.