Finance Ministry

Finance Ministry prepares plan to prevent increase in deficit, fund defense, for next government

Some of the measures were planned in cooperation with the Bank of Israel. The next government will be responsible for implementing the policy.

Finance Minister Bezalel Smotrich attends a press conference at the Finance Ministry in Jerusalem, July 1, 2026.
A man fills up his vehicle at a gas station in central Israel, October 1, 2026. Fuel prices rose by 52 agorot at midnight, with the maximum price of 95-octane gasoline reaching NIS 8.27 per liter.

Israel fuel prices could top NIS 9 per liter as tax cut expires after elections

Finance Minister Bezalel Smotrich attends a press conference at the Finance Ministry in Jerusalem, July 1, 2026.

Smotrich presses Ofer Winter to drop Knesset run in exchange for Defense Ministry appointment

Finance Minister Bezalel Smotrich attends a press conference at the Finance Ministry in Jerusalem, July 1, 2026.

Israeli gov't approves NIS 2.5 billion for defense, slashing ministry budgets ahead of elections


Innovation Authority launches NIS 1 billion solution for companies hit by shekel-dollar crisis

The fund aims to provide a financial hand for technology startups and early-stage projects whose runway to operate the company has been hit because of the strong shekel.

Shekel-dollar ilustrative picture.

Israel drops below OECD average in proportion of academics

A new periodic review by the Chief Economist’s Headquarters at the Ministry of Finance reveals: In just two decades, the country lost its position at the top of higher education rankings.

Students in class

Five day school week: Teachers' Union reaches agreement with gov't after weeks of negotiations

The ministries and the union also increased the number of annual early retirees from 320 to 350, citing "high demand from teachers wishing to retire early due to burnout."

 A SCHOOL classroom in Givatayim is empty during a teachers strike. (Illustrative)

Tax Authority will immediately stop war damage claims until Bnei Brak mayor condemns mob attacks

According to the letter, Tax Authority employees were violently assaulted by a mob numbering in the hundreds on the afternoon of July 16 while carrying out enforcement activities in the city.

Ultra-Orthodox Jewish men block a road during a protest against the jailing of seminary students who failed to comply with an army recruitment order on Road 4 near Bnei Brak, July 16, 2026.

High Court questions yeshiva tax-benefits petition after state policy change

The state representative said that although the tax benefit was formally granted to donors, it nevertheless constituted indirect support by the state.

Israeli Supreme Court judges assemble to hear four petitions calling for the removal of Israel's hardline National Security Minister Itamar Ben Gvir, alleging that he has undermined the independence of the police, at the Supreme Court in Jerusalem on April 15, 2026; illustrative

IDF Disabled Veterans Organization against Finance Ministry

Organization chairman in sharp call to finance minister: "Stand behind your signature." Finance Ministry officials: "Structural failures harm rehabilitation of combat soldiers."

Finance Minister Bezalel Smotrich

Netanyahu a ‘burden to Trump,' dismantled US-Israel ties, Liberman tells ‘Post’ - interview

“Trump wants to distance himself from him [Netanyahu]. The relationship has become a burden, and it is already hurting him in the upcoming US midterm elections," Liberman said.

Yisrael Beytenu leader MK Avigdor Liberman leads a faction meeting at the Knesset, in Jerusalem, July 6, 2026

These are the big winners from the shortening of the workweek, and these are those who are harmed

A comprehensive study by the Finance Ministry, the Histadrut, and the Joint examined the effects of transitioning to 40 weekly hours in the public sector.

A comprehensive study by the Finance Ministry, the Histadrut, and the Joint examined the effects of transitioning to 40 weekly hours in the public sector

Interest rate drama: The news for mortgage takers – and Smotrich's unusual attack on the governor

The finance minister harshly attacked the "minimal" interest rate reduction, in his words, to 3.5%, and revealed that he pressured for an aggressive cut.

Prof. Amir Yaron, Governor of the Bank of Israel

Organized crime costs Israel's economy around NIS 8,000 per household, data shows

The findings indicate that one of the central factors in the rise in the cost of living in Israel is widespread criminal activity across the agriculture, construction, and housing industries.

Chief of Police Daniel Levi at the scene of a shooting incident in Ramla, central Israel, May 11, 2026.