Ministry Of Finance

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.

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'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.

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'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'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.

Israel's housing market defied expectations as developer financing incentives plummeted following Bank of Israel restrictions, while property prices experienced a much smaller correction.

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.

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.

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.

The Ministry of Finance, Histadrut, and Population and Immigration Authority signed a historic six-year collective agreement for 300 enforcement administration workers.

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.

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 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 have cost Israel nearly NIS 40 billion in lost land revenue and subsidies since 2022, according to Ministry of Finance data.

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.

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's ministries agreed to extend special transportation arrangements for afternoon clubs to students with physical disabilities following a Supreme Court petition.

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.

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 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%.

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.

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.

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.

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.

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.

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.

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.

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...

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.

The move to reduce the excise tax could cost the state treasury hundreds of millions of shekels. The Ministry of Finance is awaiting the Attorney General's decision on the feasibility of the move or whether it will be disqualified on the grounds of 'election economics'.

Against the backdrop of fears regarding a sharp rise in fuel prices due to the blockade on Iran, Finance Minister Bezalel Smotrich will sign a special order to reduce the excise tax. The goal is to lower costs for consumers as early as this week.

Rafael CEO Yoav Turgeman is criticizing the Ministry of Finance over state payment delays to defense firms. The Ministry of Defense currently owes 15.5 billion shekels to major defense contractors.

The Ministry of Finance is establishing a dedicated product division within its Technology Department for the first time. Vlad Bernin, a senior executive with extensive experience in the high-tech and fintech sectors, has been appointed as the ministry's first Chief Product Officer (CPO).

The IDF Chief of Staff launched a public attack against the Ministry of Finance, warning that security coffers are empty. Among career personnel, 73% report a negative impact on their family life, and nearly 19% have considered resigning. "They work around the clock, go home rarely, and are not compensated accordingly," said a senior officer in the General Staff.

The dispute between the Chief of Staff and the Accountant General at the Ministry of Finance regarding the benefits for the dismissed Military Advocate General, which was exposed by Ynet, is actually about the power struggle between the two. The Accountant General: "Defining the decision as a 'command authority' does not grant it immunity". IDF: "The decision regarding the Military Advocate...

The Chief Economist's Division at the Ministry of Finance reports a sharp increase in cancellations since the beginning of the year. Buyers who relied on financing promotions are struggling to complete payment by the delivery date. Ohad Danos notes that many hoped for speculative gains, while experts warn of risks to contractors' cash flow.

The Ministries of Finance and Education are formulating a multi-year plan for the education budget, Minister of Education Yoav Kisch said. The plan is intended to implement the conclusions of the Shapiro Committee to solve the problem of special education.

The state is returning to serve as the insurer for Israeli foreign trade. The Ministry of Finance and the Tax Authority announced that the program for insuring cargo against war and terror risks will be reactivated starting September 1, 2026.

The Chief of Staff warned that the budget shortage is already harming IDF readiness. The army claims that 40 billion shekels promised to the defense establishment have not been transferred, and warns: without a solution by September 10, training and ammunition procurement will be affected. Simultaneously, a dispute has erupted over the retirement terms of the former Military Advocate General.

Exposure: Zamir decided that Tomer-Yerushalmi would receive the conditions of IDF retirees worth millions of shekels and that only the "Chief of Staff's increments" would be withheld from her - but the Accountant General at the Treasury stopped the decision. Professional sources believe that it is necessary to first understand where the criminal proceedings are heading, after which Zamir himself...

Globes has learned that the Ministry of Finance and the defense establishment have agreed on the establishment of a new monitoring system for the defense budget. The system will allow for full and real-time reflection of the defense bodies' engagements with the Accountant General's division. However, the Budget Commissioner opposes the move, believing it is insufficient.

The Ministry of Finance salary report reveals: an IDF officer retires with an average pension of 20,000 shekels per month and an accumulated pension of 9 million shekels, while a Major General receives about 73,000 shekels per month. The average pension in the IDF is far from the target set by law; Shin Bet and Mossad employees lead the table, women remain behind.

The Accountant General's Department at the Ministry of Finance has published the pre-qualification documents for the international tender for the construction of the desalination plant in Emek Hefer. It is expected to be the largest in Israel and one of the largest of its kind in the world.

The Ministry of Finance has published the security system salary report for 2023-2024. The average salary in secret agencies stands at 32,225 NIS. The average budgetary pension for IDF officers is valued at nine million NIS. The number of civilian IDF employees reached approximately 8,000 in 2024.

Following recent turmoil at Ben Gurion Airport, the Treasury is pushing to shift operations to a franchise model. The ministry aims to curb union influence and improve service efficiency by rejecting demands for additional permanent staff.

According to the Ministry of Finance's chief economist, the economic cost of reserve duty has surged: about 39,000 shekels per month for men aged 22–30, and about 68,000 shekels for those aged 31–39.

To combat the high cost of flights, surprise strikes, and heavy congestion, the Ministry of Finance is promoting a plan to entrust the construction and operation of new aviation facilities in Israel to private franchisees.

Gardos, former head of the Budget Department at the Ministry of Finance, will join Shapir Engineering as a senior executive and will be appointed head of the Finance and Business Development Division. Yesterday, Shapir published its second-quarter reports, with revenues jumping by approximately 21% to about 1.7 billion shekels; a special improvement was recorded in the real estate sector.

Despite a government decision, the Ministry of Finance has failed to attend meetings on combating protection rackets led by Itamar Ben Gvir. Two months after the pilot project was announced, no funds have been transferred to affected businesses.