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State Budget
New speed cameras, higher fines: Israel’s 2026 traffic enforcement
Israel plans to replace fixed speed cameras with smarter systems, deploy targeted traffic patrols and impose unprecedented penalties for seven life-threatening offenses, including on-the-spot vehicle seizures, aiming to curb the rise in road deaths — though full implementation remains uncertain
Sivan Hilaie
|
12.12.25
What you need to know about the 2026 state budget
The defense budget will increase the deficit to 3.9% and probably more, milk reform is in, tax exemption on packages will increase to $150 and the middle class will profit from income tax benefits; Here's everything you need to know
Gad Lior
|
12.07.25
Government approves 2026 state budget after breakthrough on defense funding
Budget raises deficit to 3.9%, advances dairy reform despite opposition, expands transport funding and keeps tourism VAT exemption; education budget grows to 94 billion shekels with new support for special education, STEM and postwar services
ynet correspondents
|
12.05.25
Finance Ministry wins budget battle after IDF sought 140 billion shekels, gets 'only' 112 billion
In significant policy step that contradicts position of IDF chief Zamir, Katz decided to cut annual reserve call-up from about 60,000 to 40,000 service members
Yoav Zitun
|
12.05.25
Netanyahu backs massive increase to defense budget, despite Smotrich's opposition
Treasury officials recently froze several military contracts, accusing defense establishment of overspending and warning that rising security costs would have major impact on 2026 budget, including the possibility of new tax on banks
Gad Lior
|
11.18.25
Defense Ministry chief blasts Finance Ministry for blocking 'critical' security deals
Amid ongoing budget disputes, Defense Ministry Director-General Amir Baram warns that Finance Ministry delays in critical procurement endangering Israel’s readiness, rejecting claims of waste
ynet
|
11.11.25
Cost of Gaza war escalation could top NIS 15.4 billion, threatening Israeli budget stability
Finance Ministry officials warn expansion of ground operations will trigger steep cuts to public services, and require new taxes, as Israel faces growing pressure to fund prolonged reservist mobilization and defense needs
Gad Lior
|
05.05.25
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
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