Debt

Next Israel government must halt rise in debt burden, central bank chief says

With elections coming up on October 27, Bank of Israel Governor Amir Yaron stated that fiscal policy will be the biggest challenge for the elected government, especially if Israel returns to war.

Governor of the Bank of Israel Amir Yaron speaks during a press conference at the Bank of Israel offices in Jerusalem, on January 2, 2022.
 Several haredim (ultra-Orthodox Jews) are seen walking around Jerusalem's Geula neighborhood.

The cost of Jewish life is pushing families into debt - opinion

“Consolidation can create a healthier financial foundation.”

Business debt consolidation loans: Features and benefits

Israeli prime minister Benjamin Netanyahu and Minister of Finance Bezalel Smotrich attend a discussion and a vote on the state budget at the assembly hall of the Israeli parliament in Jerusalem, February 7, 2024.

Israel’s debt-to-GDP ratio rose to 68.6% in 2025 due to war, rebuilding expenses - Finance Min.


Shraga Brosh companies seek stay of proceedings

58 workers from a company site at Nof Hagalil filed an urgent request in the court to oblige the company to pay within 48 hours wages due to them since November 2021.

 Carpet

Israel saw 38% increase in bankruptcy filings in 2020

It is clear that people whose salary is about NIS 6,000 to NIS 7,000 per month cannot repay loans of hundreds of thousands of shekels, the repayment of which is thousands of shekels a month.

Illustrative photo of Israeli money

Israel Electric warns of phishing scam trying to steal customer details

People clicking the link in the message would be taken to a page where they would be asked for their identification number and credit card details.

A hacker is being depicted in this illustrative photo

More hours, less money: Garment workers hit by COVID-19 rights rollback

Under Wasid's new temporary contract, he could be fired again if he complains about one month's pay he said he is still owed from last year.

Workers iron and arrange clothing at a garment factory at Hlaing Taryar industrial zone in Yangon, March 10, 2010.

Interest rates for 83-year-old Holocaust survivor, debtor reduced

The debtor allegedly owed a total of NIS 350,000 dating back to portfolio created 2006, from debts accumulated in the 1990s.

Illustrative photo of Israeli money

Israel's government debt at NIS 984 billion - up 20% in 2020

Covering the coronavirus crisis required raising approximately NIS 265 billion in 2020, compared to NIS 137 billion in 2019.

Prime Minister Benjamin Netanyahu discusses the impact of coronavirus with representatives from the Finance Ministry, March 5, 2020

Israel to allocate NIS 30m. to cover electric debts for Holocaust survivors

In addition, the NII will carry out a project to ensure that all Holocaust survivors who are entitled to nursing services indeed receive their full rights according to their level of need.

A HOLOCAUST SURVIVOR holds the hand of his granddaughter during the annual ‘March of the Living’ at Auschwitz in May 2019

Jewish lessons for addressing debt - opinion

Judaism provides a way of making the problems of the debt real by describing the polity to include not only those who happen to be alive today but those who will succeed us.

Israel's tycoons renege on their bonds’ debt

How much does Israel's deficit matter? - opinion

Deficits often bring inflation, as they did in 1984. But there is little chance of that today when demand and supply are largely in low-level balance.

US President Franklin Delano Roosevelt (Original color transparency of FDR taken at 1944 Official Campaign Portrait session by Leon A. Perskie, Hyde Park, New York, August 21, 1944. Gift of Beatrice Perskie Foxman and Dr. Stanley B. Foxman. August 21, 1944).

Some Jewish lessons for facing the debt - opinion

Judaism, with its emphasis on intergenerational responsibility, has important insight about the grave threat of the debt.

US PRESIDENT Joe Biden attends news conference at his transition headquarters in Wilmington, Delaware, in November.