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Finance Ministry

ראש הממשלה בנימין נתניהו ונשיא ארה"ב דונלד טראמפ בחדר הסגול

No cuts yet: Trump holds off on lifting 17% US tariffs on Israel

U.S.-Israel tariff deadlock persists as Netanyahu seeks trade deficit fix; military procurement deals emerge as potential leverage amid warnings of economic 'disaster' for Israeli industries

Gad Lior | 04.08.25

Goods vs. services: What Israel exports to the U.S.

POTUS's planned tariffs on Israeli goods spark economic alarm but services, comprising 61% of U.S. exports, remain untouched, forcing Israel to balance sector-specific risks

Yuval Azulay/Calcalist | 04.05.25

Israel scrambles to blunt Trump import tariffs as stocks slip

Officials rush to contain fallout from US president's new trade policy, pointing to flawed trade data and initiating urgent talks to protect vital sectors

Gad Lior | 04.03.25

Bezalel Smotrich temporarily resigns from Cabinet posts amid coalition rift

Religious Zionist Party leader cites breach of agreements between his faction, Ben-Gvir and Netanyahu over the return and firing of certain parliamentarians following national security minister's government comeback

Moran Azulay, Itamar Eichner | 03.31.25

Moody’s delays Israel credit rating report, citing geopolitical uncertainty

Agency opts to publish warning notice to investors last week, citing country's internal political developments and ongoing fighting as causes for concern; sees mass protests as sign of resilience of democracy

Gad Lior | 03.30.25

Finance Minister Bezalel Smotrich with ILTV Executive Editor Maayan Hoffman

Smotrich: If Hamas doesn't return hostages, Israel will seize Gazan land

Exclusive interview with Israeli Finance Minister Bezalel Smotrich: 'Our current approach to getting the hostages out is not working'

Maayan Hoffman, ILTV | 02.26.25

Israel wants its brightest to stay but war, government policies push some away, expert says

Finance expert Simon Monk says that although many Israelis have recently sought opportunities abroad, they often find little difference in spending habits

Ynetnews | 01.18.25

Eilat port lays desolate amid Houthi threat

After challenges faced by Israel's southernmost city during the war in Gaza, port officials say lack of work due to Houthi threat is a danger to Israeli economy

Ilana Curiel | 12.21.24

Increases to defense budget to cost Israeli households thousands

Average annual cost per household due to a 10 billion shekel increase is estimated at around 4,000 shekels ($1,000) per year, bringing higher taxes, reduced public services, finance ministry says

Gad Lior | 11.11.24

As war in Lebanon drags on, economic growth projections turn sour

Facing economic turbulence, Israel's 2024 growth forecast slashed to 0.4% amid ongoing conflict, marking a significant downgrade; Government urged to revise the budget to support growth, focusing on rebuilding northern and southern regions

Gad Lior | 10.29.24

Bank of Israel averse to axing 200-shekel banknote

Israel's central bank issues statements against Netanyahu's plans to remove banknotes from circulation, but doesn't elaborate on specific reasons for denying move

Gad Lior | 09.24.24

Magen David Adom warns of budget crisis: 'We won’t be able to provide proper service'

Director General Eli Bin criticized the Histadrut trade union and the Finance Ministry's conduct, warning of potential harm to the organization’s function: 'Everyone understands what's going to happen in the north, budgets are not allocated'

Alexandra Lukash | 09.18.24

תיעוד: כוחות צה"ל תוקפים משגרי רקטות בדרום ובמרכז רצועת עזה

Substantial cuts to IDF reservists' salaries proposed by Finance Ministry

Proposal aims to discard inflated reserve pay, and stipulates that a full reserve day will only be counted if it includes at least 8 hours of service; Finance Ministry estimates these measures will to save the state hundreds of millions of shekels and reduce reserve days by 25% to 33%

Yuval Sade | 09.04.24

Northern Israel mayors outraged by massive government budget cuts to their communities

The government approves 500 million shekel cut, mainly affecting displaced northern residents; Finance Ministry promises money will return but the north is doubtful: 'They are laundering funds that have not yet been given to us'

Yair Kraus | 08.26.24

ראש הממשלה, שר האוצר ומשרדי סוכנות הדירוג מודי'ס

Moody's set to downgrade country's rating for second time, Israeli market officials fear

Following a third downgrade by Fitch, economy official says it's only 'a matter of time' until Israel's credit ratings will fall once again

Gad Lior | 08.19.24