In 2023-2024, approximately 75% of loan applications to the Small and Medium Business Loan Fund were rejected and did not receive a positive recommendation from the credit committee for loan approval. This emerges from an examination by State Comptroller Matanyahu Englman, who reviewed the State of Israel's financial statements. The report shows that economic uncertainty due to the war led to a sharp increase in financing needs, resulting in a significant growth in the State of Israel's debt issuance in 2024. Debt issuances were executed in the tradable local market and in global markets and totaled approximately 278 billion shekels, compared to only 160 billion shekels raised in 2023.