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Finance Ministry
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
Government tense ahead of Moody's decision on Israel's credit rating
Finance Ministry officials say Israel's economy stable and appeal to credit rating agency's representatives pointing to budget reallocations to combat large deficit for 2024
Gad Lior
|
02.08.24
Finance Ministry scrambles to avoid Moody's downgrade of Israeli economy
In recent days, finance officials, including Finance Minister Bezalel Smotrich, have engaged in discussions with economists from the international agency in an effort to persuade them against a rating downgrade; The decision is anticipated to be announced in February
Gad Lior
|
01.30.24
Even OECD warns: Israelis will pay the price for government's poor budget priorities
Senior government officials assert the economy is excellent, however, forecasts indicating a doubling of the deficit this year, coupled with OECD warnings about money flowing to entities that do not promote growth
Gad Lior
|
10.04.23
Ukraine envoy slams government over refugee health care debacle
Ambassador Yevgen Korniychuk says not only does Israel refuse to provide Kyiv with defensive weapons; now government is mistreating refugees fleeing Russian atrocities; says ministers should not turn their back on refugees and leave them without a safety net
Adir Yanko
|
08.10.23
Ukrainian refugee kicked out of care facility after loosing health care
Ella Platkin is required to pay for dialysis she requires four times a week, at a cost reaching thousands of shekels, which her family cannot afford; Advocacy groups call on Netanyahu and Smotrich to find solutions
Adir Yanko
|
08.10.23
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