Finance Ministry

Gov’t approves Smotrich ally Israel Malachi as Finance Ministry director-general

He is a close associate of Smotrich, which led to criticism over the appointment. Malachi also had previously served as the treasurer of a council governing over 40 West Bank settlements.

Israel Malachi
Education Minister Yoav Kisch at the education system's arranging room at the Ministry of Education in Jerusalem, in preparation for the opening of schools in the country tomorrow morning, August 31, 2025.

Finance Ministry data gaps blocked High Court update on haredi funding, Education Ministry says

A panoramic view of the Mount of Olives

High Court orders state to explain failure to establish civil cemetery for Jerusalem residents

Incoming Director General of the Finance Ministry, Israel Malachi, who was appointed by Finance Minister Bezalel Smotrich.

Smotrich appoints Israel Malachi as new Director General of Finance Ministry


Tel Aviv Stock Exchange moves to Monday to Friday trading

Friday's trading, however, would end at 2 p.m. so that Shabbat is still observed.

Finance Minister Bezalel Smotrich attends Israel Hayom's security conference in Jerusalem, December 1, 2024

Director-General of Finance Ministry submits resignation to Smotrich

"I have worked with the Finance Minister hand in hand and I am very sorry to be forced to end my role now," Heisler said.

 Finance Minister Bezalel Smotrich and Finance Ministry Director General Shlomi Heisler attend a committee meeting at the Knesset on February 12, 2024.

It's time for the government to embrace lessons from Israel's hi-tech sector - opinion

Adopting private-sector principles doesn’t mean running the government like a business. It means fostering a culture of efficiency, accountability, and alignment in service of the public good.

 Highrises in Tel Aviv, July 14, 2024.

Tax Authority confirms higher vehicle tax rates for 2025

Alongside the adjustment to purchase tax on electric vehicles, all gasoline, diesel, hybrid, and plug-in hybrid vehicles will become more expensive.

 Income Tax and Property Tax Department at the Finance Ministry

Month after deadline, Israel's 2025 budget bills brought to Knesset

The total budget for 2025 will be approximately NIS 706 billion, and include budget cuts relative to the 2024 budget, totaling about NIS 37 billion.

 Finance Minister Bezalel Smotrich with MK Moshe Gafni during a Finance committee meeting at the Knesset, the Israeli parliament on December 3, 2024

Hundreds of IDF reservists to receive back money from wrongfully imposed fines

The NII also offered to freeze debts for some reservists, according to the KAN report.

  Israel at war - IDF troops operate in the Gaza Strip.

Israel's deficit shrinks to 7.9% of GDP despite war expenses, still above annual target

Despite ongoing war expenses pushing annual spending up by 26.3 percent, Israel's deficit has improved to 7.9% of GDP in October, with state revenue climbing to NIS 398.6 billion.

 Israel flag with stock market finance, economy trend graph digital technology.

State Comptroller: Tax Authority missed NIS 3b from crypto

The State Comptroller stressed the need to examine how to collect taxes from the cryptocurrency market before the government raises taxes for the public.

 Engleman at the Israel Bar Association conference

Regev strikes deal with Treasury on congestion charge

At the government meeting on the budget last week, Regev and Smotrich fought over the decision to raise public transport fares, but in closed negotiation rooms, they reached an understanding

 Transportation Minister Miri Regev holds a press conference ahead of Israel's 76th Independence Day Ceremony at Mount Herzl in Jerusalem, on May 8, 2024

Knesset approves Israel's 2025 budget despite threats of opposition

The national budget for 2025 will be around NIS 607.4 billion. The government has also approved budget adjustments totaling about NIS 37 billion.

 Finance Minister Bezalel Smotrich and National Security Minister Itamar Ben-Gvir. (Illustrative)