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Finance Ministry

An Israeli Air Force Apache helicopter, August 18, 2025. (Moshe Shai/FLASH90)
October 14, 2026, 1:41 pm
Israel inks deal to buy 12 Apache helicopters from US’s Boeing after government okay
Ministers approve ‘urgent’ NIS 1 billion purchase, with most of the funds to come from slashing 5-year plan to improve Arab society, after US was said readying to drop deal
By Emanuel Fabian
Illustrative: Futuristic robotic hand interacting with digital tax symbols and document icons in a global financial context. (iStock by Getty Images)
October 8, 2026, 4:54 pm
Finance Ministry eyes new taxes as AI threatens jobs and state revenues
New report opposes dedicated tax targeting AI tech, fearing damage to economy; instead proposes taxes on undeveloped land, capital gains, luxury goods, digital services
By Sharon Wrobel
Illustrative: Israeli Air Force soldiers pose in front of an Arrow air defense system battery, in a photo issued by the IDF on June 26, 2025. (Israel Defense Forces)
September 23, 2026, 5:14 pm
Israel picks 2 state-backed funds to drive investment in next-generation defense tech
The funds are mandated to raise at least $150m each for investment in startups, in a bid to boost domestic technological independence and superiority on the battlefield
By Sharon Wrobel
Tamar natural gas field off the coast of Israel. (Courtesy)
September 18, 2026, 3:12 am
Energy committee opposes export limit despite looming risk of natural gas shortage
Panel seeks to prioritize gas exploration and discoveries in Israel’s waters, as reserves for domestic use are projected to fall short of energy demand in the coming decade
By Sharon Wrobel
Palestinians wait in line to withdraw money from an ATM in the main market in Ramallah city in the West Bank on June 9, 2024. (Jaafar ASHTIYEH / AFP)
August 31, 2026, 6:58 pm
Palestinian banking crisis averted, as Israeli bank delays plan to halt collaboration
A day before deadline, Discount Bank agrees to push off plan to stop correspondent banking services to Palestinian counterparts, which tethers West Bank to global economy
By Jacob Magid
Israeli security forces guard a group of Jewish Israelis as they tour the West Bank city of Hebron, August 22, 2026. (Wisam Hashlamoun/Flash90)
August 27, 2026, 12:45 pm
IDF chief orders major bolstering of troops in West Bank due to escalated tensions
Standing army division to be placed on standby for deployment; Zamir also slams treasury for ’empty coffers’ amid clash over pension for ousted top military lawyer Tomer-Yerushalmi
By Emanuel Fabian
Israeli reserve soldiers seen during military training in the Golan Heights, northern Israel, October 30, 2023. (David Cohen/ Flash90)
August 25, 2026, 9:59 pm
Wartime reserve duty taking heavier toll on economy than expected, Treasury warns
Month of reserve duty costs the state an average NIS 53,000 per soldier and falls mainly on non-Haredi Jewish men aged 25-44, who tend to earn more and have children, report shows
By Sharon Wrobel
Thousands of passengers wait at Ben Gurion International Airport near Tel Aviv after a strike was announced, August 20, 2026. (Avshalom Sassoni/ Flash90)
August 21, 2026, 9:02 am
Ben Gurion Airport is most disrupted in the world, day after wildcat labor strike
Worker walk-out, prompted by manpower shortage, drives ongoing wave of cancellations and delays, some $10m damage; Likud official alleges plot to hurt PM politically
By ToI Staff
Ilustrative: Offices of Discount and Hapoalim banks in the center of Tel Aviv (Miriam Alster/ FLASH90)
August 21, 2026, 1:11 am
Progress made in talks with Israeli banks to delay move that could collapse PA economy
Sources tell ToI that Discount and Hapoalim are likely to hold off on threat to stop providing critical correspondent services to Palestinian banks, following Western intervention
By Jacob Magid
Illustrative: Jewish yeshiva students study at the Kamenitz Yeshiva, in Jerusalem on August 19, 2026. (Chaim Goldberg/Flash90)
August 20, 2026, 7:51 pm
Government data said to show Haredim far likelier than other Jews to get state subsidies
Finance Ministry officials reportedly tell AG ultra-Orthodox family has 72% chance to qualify for municipal property tax discount, as opposed to 17% chance for other Jewish households
By ToI Staff
An illustrative image of a quantum computing concept. (metamorworks; iStock by Getty Images)
August 4, 2026, 11:34 pm
Israel rolls out tender for national quantum computer, and plans for advanced AI push
Plan aims to establish ‘Israeli technological sovereignty,’ provide a significant boost to the local high-tech ecosystem, and strengthen the country’s long-term competitiveness
By Sharon Wrobel
File: Ultra-Orthodox children on the first day of school in Neve Yaakov in Jerusalem, August 9, 2021. (Yonatan Sindel/Flash90/File)
August 3, 2026, 6:42 pm
State reportedly not cutting funds to Haredi schools that fail to teach core subjects
Despite parliamentary recess, Knesset Finance Committee to meet on Tuesday to approve hundreds of millions of additional taxpayer shekels for ultra-Orthodox education
By Sam Sokol
Finance Minister Bezalel Smotrich gestures toward a map of the West Bank during a press conference at the Finance Ministry in Jerusalem, September 3, 2025. (Yonatan Sindel/Flash90)
July 23, 2026, 3:25 am
Israel acts to ease Palestinian banking crisis it helped create, but is it moving too late?
Smotrich signs waiver allowing transactions with Palestinian banks until end of 2026, though Israeli financial institutions are wary about continuing to provide services crucial to keeping West Bank economy afloat
By Jacob Magid
Illustrative: An Israeli Air Force F-16 fighter jet is seen taking off for a major wave of strikes against Hezbollah in Lebanon, April 8, 2026. (Israel Defense Forces)
July 2, 2026, 10:11 pm
Finance and Defense ministries reach deal to give IDF an extra NIS 15 billion
Deal mediated by National Security Council prevents potential tax hikes and spending cuts incurred by reopening of 2026 state budget, which already included record defense spending
By Sharon Wrobel
Finance Minister Bezalel Smotrich attends a Finance Committee meeting at the Knesset in Jerusalem on May 26, 2026. (Yonatan Sindel/Flash90)
June 3, 2026, 9:57 pm
Smotrich instructs ministry to build task force to help tech firms with shekel surge
Amid wave of mass layoffs, Finance Ministry officials meet with tech reps, insist that government won’t directly intervene to stabilize currency and instead look to limit damage
By ToI Staff
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