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State Budget
IDF says it needs billions more to continue financing ongoing Gaza war
Military estimates will need additional $2.6 billion to fund expanded Gaza war, including ground operations; Finance Ministry strongly opposes increase, warning it could lead to deeper government budget cuts or higher deficits
Gad Lior
|
04.20.25
Israeli lawmakers approve 2025 state budget as protests continue outside Knesset
After hours of debate, the Knesset on Tuesday afternoon approved Israel’s 2025 state budget by vote of 66-52; It totals approximately 620 billion shekels — the largest in Israel’s history, including significant increases in defense spending and coalition-related allocations but also difficult cuts
ynet correspondents
|
03.25.25
Government races to pass record-high budget; slashes funds for social programs, war-hit communities
Proposed budget, totaling approximately 620 billion shekels ($168 billion), is the largest in Israel’s history; among cuts are funds for LGBTQ community, at-risk youth, local crime prevention, education, and national health cut
Sivan Hilaie
|
03.24.25
Knesset approves key budget bills as deadline looms
Plenum approves in second and third reading the state budget framework, which will stand at 619 billion shekels, alongside a cut of 35 billion shekels to meet the 4.9% deficit target - 4.9%; It also approved the Economic Arrangements Law, which directs how the budget will be distributed; Budget must be approved by March 31 or the government will automatically dissolve
Gad Lior
|
03.20.25
Gaza ceasefire to help Israel's credit rating, Moody's says
'Effective implementation of the ceasefire and progress towards a durable de-escalation of hostilities in Gaza would reduce downside risks credit strength,' analyst says
Reuters
|
01.21.25
Netanyahu leaves hospital to save coalition bill
Against advice of his doctors, prime minister arrives to cast a critical vote to increase government revenue in 2024 budget; another member of the coalition in mourning for his mother also arrives to support bill
Gilad Cohen
|
12.31.24
Netanyahu recovers from surgery as government crisis deepens, threatening new elections
The Haredim are threatening to oppose the budget if the draft exemption law is not advanced, and Minister of National Security Itamar Ben-Gvir continues to threaten that members of his faction will also oppose it; If the government is unable to pass a budget for next year then the Knesset is dissolved automatically and goes to new elections
Yuval Karni, Gad Lior, Shilo Freid
|
12.30.24
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
Government approves Israel's 2025 state budget
Ministers pass new budget marked at NIS 607.4 billion in a 23-7 majority vote following hours of intense discussions; opposition criticizes budget as selective and harmful
Gad Lior, Itamar Eichner, Moran Azulay
|
11.01.24
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