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Finance Ministry

פעילות כוחות צה"ל בפיקוד הצפון במבצע שאגת הארי

Netanyahu seeks $13.7 billion increase to defense buildup plan, sparking Finance Ministry backlash

Netanyahu seeks to expand the planned 10-year defense buildup package by 50 billion shekels ($13.7 billion) to 400 billion shekels ($110 billion), sparking anger at the Finance Ministry, which warns it could lead to tax hikes

Yuval Azulay, Calcalist | 08.07.26

Stock market showdown: who wins the IPO war for Israel’s defense giants?

Israel’s public companies association urges the government to list IAI and Rafael in Tel Aviv, warning that Nasdaq IPOs would sideline local investors from a defense boom worth billions

Gad Lior | 07.26.26

Finance Ministry agrees to give Defense Ministry immediate $5B budget hike

Compromise avoids reopening 2026 state budget for now, after Treasury warned Defense Ministry’s full request could force sharp VAT hike

Gad Lior, Yossi Yehoshua | 07.02.26

Treasury warns wartime defense spending could force 4.5% VAT hike

Finance officials say meeting Defense Ministry’s full budget request would require a sharp tax increase, raising costs across Israel’s economy

Gad Lior | 07.02.26

Israel eyes nixing Eilat VAT exemption, retirement age hike to 70 in sweeping treasury plan

The 2027-2032 plan also weighs pension changes, cuts to tax breaks, a mileage tax, ministry closures and major investment in health, education and infrastructure

Gad Lior | 05.13.26

Israel on a dangerous debt path as war costs and defense demands surge

Analysis: Israel’s government is driving the economy onto a risky debt path as it struggles to curb defense spending after October 7; a proposed $95B plan and ongoing multi-front war raise fears of rising debt and weakened fiscal stability

Shlomo Teitelbaum/Calcalist | 05.05.26

Knesset panel advances expanded war compensation for furloughed workers, businesses

Under pressure from major business organizations, lawmakers advance expanded Iran war compensation, including 75% furlough pay for the first five days and more aid for northern businesses, aiming to make mechanism permanent for future emergencies

Gad Lior | 04.28.26

Stranded abroad due to Iran war, Israelis could be told to split the bill

As flight disruptions drag on during Operation Roaring Lion, officials are weighing a plan to divide costs among the state, airlines and passengers, while legal protections for canceled flights and compensation remain in flux

Iris Lifshitz-Klieger | 03.26.26

Israel says war with Iran and Hezbollah will last 'only a few weeks'

Finance Ministry lowered its economic growth forecast for 2026, with the economy now projected to grow 4.7% in 2026, down from a previous forecast of 5.2%

Gad Lior | 03.10.26

בצלאל סמוטריץ', מטוס חיל האוויר בדרך לתקיפה באיראן

Israel plans $3.07B defense budget increase, IDF wants more

Finance minister expected in coming days to propose a NIS 9.5B defense budget increase, but the military is seeking more; officials estimate each day of fighting costs about NIS 1.5B, roughly NIS 15B so far, as President Trump says the war could last four more weeks

Gad Lior | 03.08.26

Finance Ministry urges immediate partial reopening of economy amid war

Citing 9.5 billion shekel weekly losses under full shutdown, Treasury calls on Home Front Command to ease restrictions to curb mounting business losses and cap growing deficit

Gad Lior | 03.04.26

Israel to scrap Friday classes, aligning schools with OECD five‑day week

Finance Ministry launches a pilot to end Friday lessons in kindergartens and elementary schools, start the year on Aug. 15 and redirect 2 billion shekels to better-paid, higher-quality teachers in a bid to move from 'quantity to quality'

Gad Lior | 02.10.26

Israel raises $6 billion in bond sale to fund war expenses

To help finance war-related expenses and the rehabilitation of the military, the Finance Ministry’s Accountant General’s Office led the bond issuance, which drew demand of $36 billion, the ministry said

Gad Lior | 01.07.26

Budget battle reopens: Defense establishment demands an additional 8 billion shekel

Security officials believe that to avoid a return to the conditions that preceded October 6, 2023, a budget of at least 120 billion shekels will be required, and possibly even more; Finance Ministry: 'Enormous sums allocated to defense'

Gad Lior | 12.31.25

Israel’s 2025 deficit narrows in November, but year-end spike still expected

Deficit falls to 4.5% after stronger tax revenues cut November’s gap to 3.3B shekels, though Israel is still on track for higher annual deficits after expanded defense spending, budget breaches and rising 2026 targets

Gad Lior | 12.08.25