Ministry Of Finance
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Ministry of Finance Pension Cuts Threaten Israel's Global Index Ranking
Israel's top-tier global pension ranking is at risk as the Ministry of Finance considers reducing mandatory contributions to boost short-term net household income.

Hadassah Opens Cyprus Medical Center Without Informing Israeli Regulators
Hadassah Medical Center opened a new facility in Limassol, Cyprus, without notifying Israeli regulators at the Ministries of Health and Finance, raising concerns amid ongoing state financial support.

Ministry of Finance Weighs Cuts to PHEV Tax Breaks as Auto Importers Pivot to Energy
The Israeli Ministry of Finance is reviewing tax benefits for plug-in hybrid vehicles amid surging corporate fleet sales, while major local auto importers expand into renewable energy projects.

Yaron Zelecha Unveils Economic Platform and Sets Conditions for Finance Post
Economic Party leader Yaron Zelecha unveiled an election platform centered on sweeping tax cuts, deregulation, and breaking up monopolies, conditioning any coalition entry on becoming Minister of Finance.

Health Ministry Demands Exemption From Planned 3.5 Billion Shekel Budget Cut
Ministry of Health Director-General Moshe Bar Siman-Tov urged the Finance Ministry to exempt the healthcare system from a planned 3.5 billion shekel budget cut, warning of severe consequences for public services.

Israel Faces 250 Billion Shekel Economic Loss by 2050 Due to Demographic Shifts
Israel faces potential annual economic losses of 250 billion shekels by 2050 if ultra-Orthodox employment and integration patterns do not change, straining state budgets.

Smotrich Announces Additional 2.6 Billion Shekel Defense Budget Cuts
Finance Minister Bezalel Smotrich announced plans for a 2.6 billion shekel defense cut, drawing from civilian budgets amid ongoing tensions over the 2026 defense funding.

Israeli Home Upgraders Face Steep Penalties Amid Tight Apartment Sale Deadlines
Israeli home upgraders facing strict tax deadlines are slashing apartment prices to avoid heavy penalties. With thousands failing to sell within statutory windows, many choose price cuts over steep purchase taxes.
Israel Land Authority Faces Leadership Crisis as Interim Director Departs
The Israel Land Authority faces a severe leadership crisis as interim director Yehuda Eliyahu's term expires. Legal limits block extensions, threatening housing supply.
Israel Treasury Launches Comprehensive Tax System Overhaul Ahead of 2027
Israel's Ministry of Finance has launched an internal committee to overhaul the national tax system ahead of the 2027 budget, targeting tax brackets, exemptions, and future revenue sources amid mounting fiscal pressures.
Defense Officials Accuse Finance Ministry of Sabotaging Apache Helicopter Deal
Senior defense officials accuse Finance Minister Bezalel Smotrich of sabotaging a critical Apache helicopter procurement deal, endangering national security.
Manufacturers Demand Diesel Excise Cut Following Gasoline Tax Relief
Following gasoline excise cuts, the Manufacturers Association of Israel demands that Prime Minister Benjamin Netanyahu and Finance Minister Bezalel Smotrich extend the tax relief to diesel fuel.

Israel Considers Overhauling High-Tech Option Taxation and Income Brackets
The Ministry of Finance proposes reforming high-tech employee stock options, raising taxes to 30% for delayed execution while offering income tax relief for high earners.
Israel Weighs Real Estate Purchase Tax Cuts Amid Investor and Treasury Clash
The Israeli government faces a looming decision on whether to lower the 8% real estate purchase tax for investors, sparking a sharp debate between the Ministry of Finance and the Tax Authority.
Capital Market Authority Advances Major Reform in HMO Long-Term Care Insurance
The Capital Market Authority is promoting a major reform to replace HMO long-term care insurance with a personal savings model, facing opposition from the Ministry of Finance.
Fuel Prices Drop by 50 Agorot Following Smotrich's Excise Order
Finance Minister Bezalel Smotrich reduced fuel prices by 50 agorot per liter to 7.77 NIS, bringing the total reduction to one shekel amid budget concerns.
Israel Ministry of Finance Recommends Against Special Artificial Intelligence Taxes
Israel's Ministry of Finance strongly advises against imposing targeted taxes on artificial intelligence, warning that such levies would harm economic growth, technological development, and high-tech competitiveness.
Ministry of Finance Recommends Rejecting Hapag-Lloyd Acquisition of ZIM
Israel's Ministry of Finance officially recommends rejecting the $4.2 billion acquisition of ZIM by Germany's Hapag-Lloyd, citing national security risks, Qatari ownership ties, and fleet vulnerability.
Israeli Teachers Prepare for Tough Wage Negotiations and Holiday Schedule Battles
Israeli teachers and students face uncertain holiday schedules as the Teachers' Union wage agreement approaches expiration, sparking concerns over future bridge days.
Gaza Envelope Communities Blocked From Purchasing Temporary Caravans
The Israeli government's attempt to sell temporary mobile homes to Gaza envelope communities has stalled after the Ministry of Finance banned the use of state grants for the purchases, shifting the units to the Settlement Division.

Top Israeli Budgetary Pensions Reach Nearly 100,000 Shekels Monthly in 2025
Ministry of Finance data for 2025 reveals top budgetary pensions in Israel reach nearly 100,000 shekels monthly for retired judges, highlighting vast disparities with teachers and healthcare workers.
Knesset Finance Committee Reviews Defense Budget and Disputed Slice Loan
The Knesset Finance Committee reviewed a 14.8 billion shekel defense boost and a disputed 13 million shekel loan for Slice Provident Funds amid missing financial reports.
Israel Launches State-Backed Defense-Tech VC Funds to Secure Technological Independence
Israel's Ministry of Defense and Ministry of Finance are launching state-backed defense-tech venture capital funds, including Adir Capital led by Maj. Gen. Michel Yanko, to secure technological independence and fund growth-stage startups.
Israel Bar Association Criticizes Proposed Stablecoin Regulations
The Israel Bar Association submitted a critical position paper on the new stablecoins bill, warning of consumer protection gaps and unfair advantages for foreign fintech firms over local entrepreneurs.

Israel Selects Funds for State-Backed Defense-Tech Venture Capital
Israel's Ministry of Finance and Ministry of Defense selected Adir Capital and SLING Capital to launch state-backed venture capital funds focused on advanced defense technologies, boosting local manufacturing and technological independence.
Israel Faces Massive Bill to Compensate Defense Contractors Over Debt
Israel's Ministry of Finance is formulating a costly agreement to compensate defense giants Elbit, IAI, and Rafael for financing costs arising from a 17 billion shekel debt.
How Developer Financing Incentives Shaped Israel's Post-War Housing Market
Israel's housing market defied expectations as developer financing incentives plummeted following Bank of Israel restrictions, while property prices experienced a much smaller correction.
Treasury Economists Slam Proposal to Cut Mandatory Pension Savings for Youth
Prof. Avi Simhon's proposal to cut mandatory pension savings for young workers has drawn sharp criticism from government economists, who warn of severe long-term risks.
Israel Police and Treasury Reach Historic Agreement on Officer Wage Increases
Following a decade of negotiations, the Israel Police and Ministry of Finance agreed on significant wage and pension improvements for various police units, including Judea and Samaria Border Police and crime investigators.
Israel's War Costs Reach 230 Billion Shekels Since October 7
Ministry of Finance data reveals that the war since October 7, 2023, has cost Israel 230 billion shekels, amounting to about 79,000 shekels per household and heavily straining public finances.
Historic Collective Agreement Signed for Immigration Enforcement Workers
The Ministry of Finance, Histadrut, and Population and Immigration Authority signed a historic six-year collective agreement for 300 enforcement administration workers.
Israel Panel Proposes 83% Cut in Foreign Worker Fees for Small Businesses
A directors-general committee recommended slashing annual fees for foreign workers by up to 83% for small businesses, aiming to ease labor costs and bureaucratic burdens amid severe shortages.

IDF Cuts Reserves and Halts Recruitment Amid Severe 40 Billion Shekel Budget Crisis
The IDF has begun releasing reservists and halting recruitment due to a massive 40 billion shekel defense budget shortfall, sparking fierce disputes between military brass and the Ministry of Finance.
Bezeq Wins Major Ministry of Finance Tender for Government Communications
Bezeq secured the Accountant General's major tender at Israel's Ministry of Finance, capturing 70% of government data communication services for up to 10 years.
State Housing Discount Programs Cost Israel NIS 40 Billion Since 2022
State housing discount programs have cost Israel nearly NIS 40 billion in lost land revenue and subsidies since 2022, according to Ministry of Finance data.
Top Eight Real Estate Firms Capture Major Share of Israeli Contractor Cash Flow
Recent data from the Israeli Ministry of Finance reveals high market concentration, with just eight real estate companies capturing 20% of contractor cash flow and up to 70% of net liquidity, raising concerns for small developers.
Israeli Real Estate Shows Divergent Trends: Beer-Sheva Slumps While Haifa Surges
Contradictory real estate data from the CBS and Finance Ministry reveal a 9% rise in contractor sales driven by subsidies, contrasted by a severe slump in Beer-Sheva and a 29% surge in Haifa.
Israel Extends Special Transportation Rights to Students with Physical Disabilities
Israel's ministries agreed to extend special transportation arrangements for afternoon clubs to students with physical disabilities following a Supreme Court petition.
Israel Deficit Drops to 3.2% of GDP in August as Tax Revenues Rise
Israel's state deficit dropped to 3.2% of GDP at the end of August, totaling around 71 billion NIS. State revenues rose 9% to 47.9 billion NIS, driven by increased vehicle imports and consumption.
Ministry of Finance Reports 3.2% GDP Growth and Historic $26 Billion Foreign Investment
Israel's Ministry of Finance reported a 3.2% GDP growth and a historic 78% surge in foreign investment to $26 billion. Inflation dropped to 1.5% while unemployment remained exceptionally low at 3.3%.
Netivot Leads Southern Israel with 43% of Real Estate Cancellations
Netivot accounts for 43% of all real estate transaction cancellations in southern Israel, far exceeding its market share. The Ministry of Finance reports a high regional cancellation rate of 7%.
Customs duties to be abolished — the state will support sheep and goat farmers
The state will provide direct support to the dairy sector for the first time to lower prices for goat and sheep cheeses. The agreement between the Ministry of Finance and farmers includes 24 million NIS in annual subsidies.
More than 100,000 shekels per month: The wage gaps between doctors are exposed
The Ministry of Finance's wage report reveals dramatic gaps between doctors: about 104.7 thousand shekels per month in the top decile, compared to about 17.3 thousand in the bottom decile. About a quarter of medical specialists are approaching retirement age.
Will fuel prices drop? Treasury approves 50-agorot excise reduction
The legal advisor to the Ministry of Finance has appealed to the Attorney General's office to approve a reduction in the excise tax on gasoline until October 31, 2026, after fuel prices surged to a record 8.25 shekels. The request is submitted during an election period, in which the government acts as a transitional government obligated to exercise restraint in the exercise of its powers.
Will Gas Prices Drop: The Ministry of Finance's Emergency Move
After gas prices in Israel soared to an all-time historical high, the Ministry of Finance is attempting to approve an emergency measure to lower gasoline costs, but the Budget Department and the Tax Authority are strongly opposing the move.
How will the shares in the state car insurance tender be divided — and what is the discount rate granted to employees?
Phoenix, Migdal, and WeSure have won the Ministry of Finance tender for insuring private vehicles of state employees, retirees, and career soldiers in the IDF for 2027. Over 70,000 vehicles are expected to be covered.
More than 70,000 cars and 400 million shekels: These are the winners of the state insurance tender
Phoenix, Migdal, and WeSure have won the Ministry of Finance tender for insuring private vehicles of state employees, retirees, and IDF career soldiers for 2027. The program covers over 70,000 vehicles.
43 Years in Civil Service: Accidental Discovery of Rank Error
The Regional Labor Court in Jerusalem rejected a former Government Companies Authority employee's claim for salary arrears prior to 2010 due to the statute of limitations, but awarded him 25,000 shekels for emotional distress, ruling that the state failed to protect his rights for over a decade.
The senior Treasury official who responds to claims of a teacher shortage and argues: "We must cancel school on Fridays"
Ohad Elkabets, in charge of teaching staff at the Treasury's Wage Department, will lead the negotiations on the wage agreement with the teachers' unions. In an interview with Globes, he explains why canceling school on Fridays is necessary to reduce the burden on teachers, warns against a wage spiral in the economy, and expresses reservations about transferring employment to local authorities. He...

Treasury rejects defense establishment claims: "Reflects negligent management regarding the budget"
After the defense establishment warned that the Budget Department is blocking the transfer of 15 billion shekels during a severe shortage of Humvees and ammunition, senior Treasury officials are launching a counterattack. According to them, the budget is currently pending in the Knesset Finance Committee, and accusations against the Treasury are baseless.