Budget

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

Knesset to vote on first reading of 2026 state budget, amid haredi parties' threats

Finance Minister Bezalel Smotrich after a press conference at the ministry, December 4, 2025; illustrative.

Government submits 2026 budget to Knesset, Smotrich vows passage despite rifts

THE KNESSET during a meeting on December 24, 2025.

Gov’t faces one-week deadline to pass first reading of state budget amid haredi draft bill threats


Govt economic plan includes slashing benefits for olim worth over NIS 500,000

A 10% increase in benefits for olim will be worth less.

 Olim on the 64th Nefesh B’Nefesh charter flight pose with organization’s Co-founders Rabbi Yehoshua Fass and Tony Gelbart; Minister of Aliyah and Integration, Ofir Sofer; and Director-General of the Ministry of Aliyah and Integration, Avichai Kahana.

Smotrich is 'arrogant': Ben-Gvir lashes out at finance minister after budget clash

These comments follow the return of the Knesset for winter session and reports regarding budget cuts for certain ministries.

 Itamar Ben-Gvir and Bezalel Smotrich attend a plenum session on forming the government, in the Israeli parliament, on December 29, 2022.

Welfare, wage, and ministry cuts: Treasury unveils plan for 2025 budget

The budget outline includes closing five ministries and numerous budget cuts to ministries, which may bring resistance from ministers and slow its passage through the Knesset.

 FINANCE MINISTER Bezalel Smotrich speaks at a news conference at the Finance Ministry in Jerusalem, last week.

Iran's military budget is growing: What does that mean for the Middle East? - analysis

Iran wants to increase the accuracy of its range and the overall number of its ballistic missiles.

Iranian armed forces members march during a ceremony of the National Army Day parade in Tehran, Iran April 18, 2022

Israel's 2025 budget delays a red flag to investors and Israelis - analysis

Israel's economic professionals have stressed it, Ratings agencies have said it - Israel needs a responsible budget for 2025, and it needs to show it can pass one now.

Finance Minister Bezalel Smotrich, Fitch Rating logo seen in background.

Moody's downgrade due to Israel's clueless leadership, gov't mistrust - expert

Israel's long-term future could continue to deteriorate if the government does not "understand the gravity of the moment."

Bezalel Smotrich is seen pointing down in an illustrative featuring credit agency Moody's.

Uncertainty on when US aid will reach Israel may lead to further 2024 budget adjustments

Because the ministry does not currently know how much American aid will arrive and when, they decided not to account for this in the current expansion of the 2024 budget.

 Finance Minister Bezalel Smotrich attends a Finance committee meeting at the Knesset, on June 10, 2024

Economist warns: Israel's war costs could reach 10% of GDP, raising urgent challenges

"It is not unlike a second war of independence. And unlike the Yom Kippur War of 1973, which lasted three weeks, its end is not in sight.”

Economy Minister Nir Barkat and Finance Minister Bezalel Smotrich speak in the Knesset plenum on February 21, 2024

NIS 727 billion budget expansion passes in Knesset as Israel-Hamas War continues

The Knesset approved a second 2024 budget, driven by the Israel-Hamas war, with 57 votes for and 51 against.

Inside the Knesset building.

Goldknopf – UTJ will not support 2025 budget without haredi IDF draft bill

The legal blanket haredi exemption from IDF service ended in July 2023 after being ruled unequal and therefore unconstitutional.

 HOUSING MINISTER Yitzhak Goldknopf, United Torah Judaism’s leader, in the Knesset last month. He turned to his Jewish heritage and instincts regarding the plight of the hostages, notes the writer.