Budget

Pentagon tells US lawmakers it needs $80 billion for Iran war costs, other bills - report

Deputy Defense Secretary Stephen Feinberg told lawmakers of the cost in phone calls earlier this week, according to the report.

 The Pentagon logo is seen behind the podium in the briefing room at the Pentagon in Arlington, Virginia, US, January 8, 2020.
Bezalel Smotrich.

End of tax exemption: Tax Authority move will cost property owners dearly in Israel

Israeli Prime Minister Benjamin Netanyahu, Finance Minister Bezalel Smotrich, Defense Minister Israel Katz and National Security Minister Itamar Ben-Gvir attend a discussion at the plenum in the Knesset, Israel's parliament, in Jerusalem, July 23, 2025.

Netanyahu's coalition moves to fast-track controversial laws ahead of upcoming Knesset dissolution

New Israeli Shekel banknotes are seen in this picture illustration.

Israel’s 'bloated, unstable' gov't harms public service, wastes millions each year, report finds


Gov't adds NIS 2.6 billion to defense, raising state budget by NIS 32 billion due to war

The funds were to be used for classified equipment, which the government cited as an “urgent and immediate need” to provide an operational response to the ongoing war.

 The Knesset building, home of Israel's legislature, in Jerusalem, on November 14, 2022 (Illustrative).

Bank of Israel warns budget could worsen deficit, debt ratio

The cabinet decided to increase the defense budget for this year by NIS 32 billion and allocate an additional reserve of about NIS 13 billion for defense and civilian needs

Finance Minister Bezalel Smotrich and Prime Minister Benjamin Netanyahu at cabinet meeting to vote on 2026 budget, December 5, 2025.

Gov't approves new defense budget during war, NIS 5b. allocation to haredim, settlements

Coalition funds are part of the national budget and are determined during coalition negotiations after elections when forming a government.

Prime Minister Benjamin convenes a government cabinet meeting in Jerusalem, October 26, 2025.

Netanyahu, Smotrich to 'set aside' haredi draft law, approve billions in defense funding for war

“The costly campaign requires a special budget with the addition of tens of billions of shekels for the war effort,” Netanyahu said.

Prime Minister Benjamin Netanyahu (R), Finance Minister Bezalel Smotrich.

Your Investments: I’ll take both the blue and the purple dresses

If you can honestly differentiate between needs and wants, you’ll be in a much stronger financial situation and ultimately be able to indulge every now and then in a luxury item.

Learn how to save your money

Knesset votes to split Arrangements Bill amid haredi parties' threats over state budget

The two parties threatened to vote against the coalition amid disagreements over the controversial haredi draft bill being advanced in the Knesset.

MK's Moshe Gafni and Yitzchak Goldknopf seen during a vote on the state budget at the assembly hall of the Knesset, the Israeli parliament in Jerusalem, January 28, 2026.

US President Trump signs budget with $4 billion for Israel, ban on UNRWA funding

The measure includes provisions restricting US funding to several international institutions. It bars financial support for the UN Relief and Works Agency for Palestine Refugees,

US President Donald Trump looks on as he signs executive orders and proclamations in the Oval Office at the White House, in Washington, DC, US, May 5, 2025

Israel's budget deadline: What happens if Knesset cannot agree in time? - explainer

By law, failure to pass the budget by March 31 leads to an automatic collapse of the government and snap elections within about 90 days.

 The Knesset building, home of Israel's legislature, in Jerusalem, on November 14, 2022 (Illustrative).

Knesset advances 2026 state budget in first reading amid coalition crisis over haredi draft

The Degel Hatorah faction within United Torah Judaism received a green light from spiritual leader Rabbi Dov Lando to vote in favor of the state budget, Lando's office said.

Prime Minister Benjamin Netanyahu seen after the vote on the state budget at the assembly hall of the Knesset, the Israeli parliament in Jerusalem, January 28, 2026.

Netanyahu convenes emergency meeting as haredi parties threaten to block state budget vote

Both haredi parties have threatened to withhold support for the state budget unless agreements are reached on the draft law to avoid conscription.

 Israeli Finance Minister Bezalel Smotrich speaks with Prime Minister Benjamin Netanyahu as lawmakers gather at the Knesset plenum to vote on a bill that would limit some Supreme Court power, in Jerusalem July 24, 2023.