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Finance Ministry
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
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
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
Tel Aviv Stock Exchange drops following Houthi retaliation threat
Following Houthi threats of retaliation after Israel's air strike in Yemen, Tel Aviv Stock Exchange records sharp declines
Gad Lior
|
07.21.24
Israel government's irresponsible conduct will cost in credit scores
Opinion: Netanyahu convenes meeting on next budget leaving critical position holders out while credit rating firms keep a watchful eye on promises made by Israel, but not kept
Gad Lior
|
07.17.24
Intel halts planned factory expansion in Israel
Tech giant informs Finance Ministry of planned pause in project after contractors receive notifications about their deals with the company being frozen; ministry says no change to overall expansion plan
Sophie Shulman/Calcalist
|
06.11.24
Israel's GDP shrinks in last quarter of 2023 amid Gaza war
Israel’s Central Bureau of Statistics releases new report showing growth per capita dramatically decreased while deficit continues growing
Gad Lior
|
02.19.24
In first, Moody's lowers Israel's credit rating from A1 to A2
International credit rating company alters its outlook on Israel to negative despite attempts made by officials to fend off the move; downgrade expected to lead to serious economic impact
Gad Lior
|
02.10.24
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