Finance Ministry

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.
 HAREDI YESHIVA students

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

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 compensation for businesses impacted by war, benefits for reservists

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

Willner signals disputed haredi school transfer may return to Finance Committee


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.

Israel registered 37% less unpaid leave applications than in previous Iran war, report reveals

In total, 7936 people registered for unemployment since the war began, of whom 55% are women, Employment Service revealed on Sunday. Of this group, 54% are mothers of underage children.

Jerusalem's Mahane Yehuda market bustles as the war in Iran rages, March 5, 2026

Gov't adds NIS 2.6 billion to defense, raising state budget by NIS 32 billion due to war

The funds were to be used for classified equipment, which the government cited as an “urgent and immediate need” to provide an operational response to the ongoing war.

 The Knesset building, home of Israel's legislature, in Jerusalem, on November 14, 2022 (Illustrative).

Government to arrange unpaid leave for parents with kids under 14 as schools remain remote

The move has sparked outrage from parents across the country and opposition lawmakers as schools throughout the country have continued to operate in a remote-learning format.

An illustrative image of a supportive mother talking to her child.

Hitting hard: How the Iran war is decimating Israel's small businesses

BUSINESS AFFAIRS: With gatherings and nonessential work from the office prohibited, and airlines doing their best to avoid the region, multiple industries have been deeply affected by the war.

Jerusalem's Mahane Yehuda market bustles as the war in Iran rages, March 5, 2026

Finance Ministry warns of NIS 9.5b. weekly loss, urges Home Front Command to ease restrictions

The Finance Ministry warned that the economic shutdown is costing Israel NIS 9.5 billion per week, urging a shift to an alert status and allowing businesses with protected spaces to reopen.

Israeli shekel

Government approves grants for residents whose homes were damaged in Iranian missile strikes

NIS 2,000 will be provided initially to each resident whose home was damaged and declared unfit for habitation, with residents additionally evacuated to a government-funded hotel.

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

Middle Israel: Smotrich’s crushing Knesset defeat exposes the finance minister's limits - opinion

Smotrich is a light-year away from the Israeli consensus. Why does a man who represents but a marginal, detached, and minuscule part of Israeli society sit on its national chest?

EVEN BEZALEL Smotrich’s rivals agree that he is a smart man who studies complex issues quickly and knows how to make decisions. Here, the finance minister leads a faction meeting at the Knesset on Monday.