Budget

No-bid White House contract awarded for ballroom construction to tune of $500 b.

US President Donald Trump was directly involved in negotiating some costs for the ballroom, A Washington Post report said.

Construction of the new White House ballroom continues as crews work to break down the Ultimate Fighting Championship Freedom 250 "Claw," a 92-foot-tall temporary stadium on the South Lawn, on June 28, 2026 in Washington, DC.
Britain's Prime Minister Keir Starmer and Poland's Prime Minister Donald Tusk meet with Polish and British military personnel at the Battle of Britain Bunker, as the countries formalise a UK-Poland security agreement, in Uxbridge, Britain, May 27, 2026.

Prime Minister Keir Starmer unveils £15 billion UK defense plan as legacy project

Rises on the Tel Aviv Stock Exchange – Green Screens.

Your Investments: Getting back to basics for a secure financial future

 The Pentagon logo is seen behind the podium in the briefing room at the Pentagon in Arlington, Virginia, US, January 8, 2020.

Pentagon tells US lawmakers it needs $80 billion for Iran war costs, other bills - report


'Stop shaking the coalition': Coalition leaders slam Ben-Gvir for opposing critical bill

Coalition members, including Prime Minister Benjamin Netanyahu, criticized Ben-Gvir's decision to vote against the critical tax bill.

 National Security Minister Itamar Ben Gvir attends a plenum session on the state budget in the assembly hall of the Israeli parliament, December 16, 2024.

Coalition passes key tax bill after Ben-Gvir opposes, avoids major gov't crisis

Prime Minister Benjamin Netanyahu came from the hospital for voting 48 hours after prostate removal surgery

 Prime Minister Benjamin Netanyahu seen in the Knesset plenum ahead of a budget vote, December 31, 2024

Key gov’t tax bill in danger after Otzma Yehudit, Agudat Yisrael threaten to vote against

Bill must pass by end of year; expected to create over NIS 9 billion national income in 2025.

 Itamar Ben-Gvir and Bezalel Smotrich attend a plenum session on forming the government, in the Israeli parliament, on December 29, 2022.

Director-General of Finance Ministry submits resignation to Smotrich

"I have worked with the Finance Minister hand in hand and I am very sorry to be forced to end my role now," Heisler said.

 Finance Minister Bezalel Smotrich and Finance Ministry Director General Shlomi Heisler attend a committee meeting at the Knesset on February 12, 2024.

It's time for the government to embrace lessons from Israel's hi-tech sector - opinion

Adopting private-sector principles doesn’t mean running the government like a business. It means fostering a culture of efficiency, accountability, and alignment in service of the public good.

 Highrises in Tel Aviv, July 14, 2024.

Israeli High Court: National Food Security Initiative budget to be doubled

“We will not stop until every single person in Israel who has a need for food receives the basics that they deserve," said Yael Eckstein, the president of IFCJ.

 IFCJ PRESIDENT Yael Eckstein (center) visits a shelter in Kiryat Shmona. ‘I think it’s a very incorrect assumption to feel or think that we, in the rest of Israel, are not connected to what’s happening there.’

As the Israeli tax year ends, here's what to consider amid war

The Israel-Hamas War is adding to the government’s budgetary needs. So, taxes won’t be cut any time soon.

 Illustrative image of doing taxes.

Month after deadline, Israel's 2025 budget bills brought to Knesset

The total budget for 2025 will be approximately NIS 706 billion, and include budget cuts relative to the 2024 budget, totaling about NIS 37 billion.

 Finance Minister Bezalel Smotrich with MK Moshe Gafni during a Finance committee meeting at the Knesset, the Israeli parliament on December 3, 2024

The war is not an excuse to neglect the fight against poverty - opinion

Security challenges require us to unite as a society, but they must not become an excuse to neglect the state’s basic duty toward its citizens.

 FINANCE MINISTER Bezalel Smotrich addresses the Knesset plenum, earlier this year. While the government is busy formulating the state budget for 2025, it appears that the war has become a convenient excuse to ignore the deep social crisis in which Israel finds itself, the writer argues.

Real de-escalation with Hezbollah could limit pressure on Israel's finances - Fitch

"It is too early to say whether these risks will be significantly and sustainably reduced," Moody's later said in a statement.

 People walk past the headquarters of Fitch Ratings in New York, February 6, 2013.