The Times of Israel https://www.timesofisrael.com/topic/budget-cuts/ News from Israel, the Middle East and the Jewish World Wed, 10 Jun 2026 22:45:01 +0000 en-US hourly 1 https://static-cdn.toi-media.com/www/uploads/2018/11/toi_icon_512-200x200.png budget cuts | The Times of Israel https://www.timesofisrael.com/topic/budget-cuts/ 32 32 ‘Cynicism on steroids’: Experts pan budget cuts in wake of coalition fund increase https://www.timesofisrael.com/cynicism-on-steroids-experts-pan-budget-cuts-in-wake-of-coalition-fund-increase/ Wed, 18 Mar 2026 15:40:16 +0000 https://www.timesofisrael.com/?p=3778556 Cuts to healthcare, education and science could have been prevented by halting the allocation of billions in coalition funds to ultra-Orthodox schools, says Berl Katznelson Center

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]]> Cabinet approves across-the-board budget cuts to fund security at schools https://www.timesofisrael.com/cabinet-approves-across-the-board-budget-cuts-to-fund-security-at-schools/ Sun, 31 Aug 2025 15:55:19 +0000 https://www.timesofisrael.com/?p=3631186 Finance Minister Smotrich boycotts vote on measure, which comes following pressure from ministers of education, national security

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]]> Government votes to add billions to state budget, including $473 million in Gaza aid https://www.timesofisrael.com/government-votes-to-add-billions-to-state-budget-including-473-million-in-gaza-aid/ Tue, 19 Aug 2025 19:03:48 +0000 https://www.timesofisrael.com/?p=3623837 As ministers approve NIS 31 billion boost to wartime spending, education minister accuses finance minister of preferring 'the children of Gaza over the children of Israel'

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]]> Jewish and Israeli aid groups are hit by Trump’s suspension of USAID, refugee program https://www.timesofisrael.com/jewish-and-israeli-aid-groups-are-hit-by-trumps-suspension-of-usaid-refugee-program/ Tue, 11 Mar 2025 13:46:58 +0000 https://www.timesofisrael.com/?p=3490637 After the US president orders America's largest aid body gutted, repercussions are felt around the world as programs benefiting people from Africa to Gaza have their funding frozen

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]]> Central bank sees economy improving but warns of continued geopolitical uncertainty https://www.timesofisrael.com/central-bank-sees-economy-improving-but-warns-of-continued-geopolitical-uncertainty/ Mon, 06 Jan 2025 18:19:15 +0000 https://www.timesofisrael.com/?p=3453982 Bank of Israel holds interest rates at 4.5%, citing rising inflation following January tax hikes, including VAT; governor warns lawmakers against making changes to the 2025 budget

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]]> 2025 state budget to increase defense spending, cut social services and education https://www.timesofisrael.com/2025-state-budget-to-increase-defense-spending-cut-social-services-and-education/ Thu, 31 Oct 2024 18:01:36 +0000 https://www.timesofisrael.com/?p=3409285 To finance the war, which is estimated to cost NIS 250 billion ($66.8 billion), the Finance Ministry is proposing deep spending cuts as well as tax increases

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]]> Treasury proposes to cut benefits, hike taxes for lowest earners to fund war https://www.timesofisrael.com/treasury-proposes-tax-hikes-for-lowest-earners-fee-hikes-for-unemployed-to-fund-war/ Tue, 15 Oct 2024 01:49:51 +0000 https://www.timesofisrael.com/?p=3397408 Arrangements Law also includes measures taxing advanced study fund and pension contributions; the 'government is going to hit you in the savings,' warns Liberman

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]]> Cabinet slashes health, welfare and education to fund aid to displaced residents https://www.timesofisrael.com/cabinet-slashes-health-welfare-and-education-to-fund-aid-to-displaced-residents/ Sun, 07 Jul 2024 18:13:59 +0000 https://www.timesofisrael.com/?p=3326768 Wide-ranging cuts come only days after Knesset allocates hundreds of millions of shekels in ‘surplus’ coalition funds to government ministries deemed superfluous by treasury

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]]> Absorption Ministry to slash rental assistance for new immigrants https://www.timesofisrael.com/absorption-ministry-to-slash-rental-assistance-for-new-immigrants/ Tue, 25 Jun 2024 08:41:05 +0000 https://www.timesofisrael.com/?p=3318369 Aid shrinks by nearly half to NIS 8,712 over two years, with additional monthly stipends for those moving to 'national priority' areas; Elkin: Ministry 'pickpocketing' new arrivals

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]]> Treasury said to urge Smotrich to make cuts, hike taxes to raise NIS 30-50 billion https://www.timesofisrael.com/treasury-said-to-urge-smotrich-to-make-cuts-hike-taxes-to-raise-nis-30-50-billion/ Fri, 21 Jun 2024 09:02:59 +0000 https://www.timesofisrael.com/?p=3316066 In marathon meetings, officials tell finance minister measures must be taken to curb ballooning deficit spending amid war, send positive message to credit agencies

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]]> Agricultural research body says planned budget cuts will force it to halt activities https://www.timesofisrael.com/agricultural-research-body-says-planned-budget-cuts-will-force-it-to-halt-activities/ Sun, 25 Feb 2024 20:02:38 +0000 https://www.timesofisrael.com/?p=3232324 Volcani Institute fears having to renege on local, international research contracts, face lawsuits demanding return of funds, if Knesset approves amended 2024 budget

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]]> Far-right minister claims some fellow cabinet members can’t make ends meet https://www.timesofisrael.com/far-right-minister-claims-some-fellow-cabinet-members-are-struggling-financially/ Mon, 22 Jan 2024 06:30:51 +0000 https://www.timesofisrael.com/?post_type=liveblog_entry&p=3206340 Settlements Minister Strock tells party insider that some are struggling to get by on NIS 58,000 ($15,000) monthly wage, need parental handouts; average Israeli salary is $3,300

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]]> Cabinet approves 2024 budget, making cuts to offset massive wartime defense boost https://www.timesofisrael.com/cabinet-approves-budget-making-cuts-to-offset-massive-wartime-defense-boost/ Mon, 15 Jan 2024 17:26:31 +0000 https://www.timesofisrael.com/?p=3201487 One Likud and five National Unity ministers vote against wartime budget to protest across-the-board reductions and failure to curb extraneous ministries

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]]> Minister storms out of cabinet as Netanyahu attempts to push through wartime budget https://www.timesofisrael.com/minister-storms-out-of-cabinet-as-netanyahu-attempts-to-push-through-wartime-budget/ Sun, 14 Jan 2024 21:03:40 +0000 https://www.timesofisrael.com/?p=3200440 'I am not interested in hearing from either you or your people,' Yoav Kisch tells Smotrich as PM calls on skeptical ministers to 'share in the burden' of sweeping budget cuts

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]]> Local councils urge ministers to nix planned cross-ministry budget cuts: ‘Unimaginable’ https://www.timesofisrael.com/local-councils-urge-ministers-to-nix-planned-cross-ministry-budget-cuts-unimaginable/ Fri, 12 Jan 2024 17:48:30 +0000 https://www.timesofisrael.com/?p=3198756 In letter to Netanyahu and Smotrich, authorities warn proposal will impact their ability to provide crucial services amid Israel-Hamas war, including in education and welfare

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