Economy

A classroom set up for the first day of school in Jerusalem

Cabinet Approves NIS 2.6 Billion in Ministry Budget Cuts to Fund Defense

Nine days before the election, the government cut education, health and welfare budgets to pay for urgent defense procurement, while leaving coalition funds untouched, drawing sharp criticism from the opposition.

yesterday

Economy

Tel Aviv Market Slide Points to Investors Betting on Election Deadlock

Exchange research covering ten elections since 2003 found Israeli stocks historically fall harder ahead of inconclusive votes than ones that produce a stable government, and this October looks like the former.

October 16, 2026

Economy

Goods Stop Entering Gaza as Israel Blames Hamas Taxes, Merchants' Union Disputes Account

COGAT says Palestinian importers walked off the job after Hamas demanded roughly 10,000 shekels per truck entering the Strip, a version of events Gaza's truckers union flatly rejects.

Illustrative image of a robotic hand interacting with digital tax symbols

Economy

Finance Ministry Eyes New Taxes as AI Threatens Jobs and State Revenue

With tech workers supplying over a third of Israel's tax income and AI adoption surging past the European average, officials are weighing a broader tax package rather than a dedicated AI levy.

October 8, 2026

Economy

Bank of Israel Cuts Rates to Four-Year Low to Bolster Postwar Economic Rebound

Governor Amir Yaron's 25-basis-point cut brought rates to 3.25 percent, the lowest since the pandemic era, as the bank tries to balance a cooling inflation picture against exporters squeezed by a strengthening shekel.

September 1, 2026

Economy

Moody's Trims Israel's Growth Forecast, Warns Weakened Institutions Could Hit Credit Rating

The agency kept Israel's Baa1 rating intact but flagged the push to curb the attorney general's powers as exactly the kind of institutional erosion that could eventually trigger a downgrade.

July 15, 2026

Finance Minister Bezalel Smotrich presents an assistance program for Israel's technology and export sectors

Economy

Israel Rolls Out NIS 1.6 Billion Aid Plan for Tech Sector Battered by Shekel Surge

Smotrich's package funnels most of its funding toward growth-stage startups through the Israel Innovation Authority, though industry leaders say companies need immediate cash-flow relief, not growth incentives.

June 30, 2026

Economy

Iran War Cost Israel About NIS 35 Billion in Budgetary Expenses, Finance Ministry Says

Over a 40-day campaign that saw more than 1,000 Israeli strike waves and roughly 650 Iranian ballistic missiles fired back, defense and compensation costs together reshaped a large slice of the 2026 state budget.

April 12, 2026