Israeli Government Budget

High Court lifts freeze on NIS 78m. Religious Services funding, keeps broader freeze in place

The freeze stems from a petition challenging an August 4 Knesset Finance Committee meeting held during the election recess.

High Court Justice; illustrative.
Defense Minister Israel Katz in a meeting with high-ranking IDF officials.

Israel set to transfer one billion shekels to Defense Ministry for 'urgent, classified procurement'

The nine-member panel at the High Court of Justice looks on as the hearing opens in Jerusalem.

High Court freezes Finance Committee budget transfers over procedural flaws

MK Vladimir Beliak reacts during a Constitution, Law and Justice Committee meeting and votes on parts of the judicial reform, at the Knesset, the Israeli Parliament in Jerusalem on July 19, 2023.

Knesset Finance Committee considers NIS 393 million transfer to Prime Minister's Office


Next Israeli gov't main issue will be controlling defense budget, Bank Hapoalim CEO told conference

Yadin Antebi told EY’s annual real estate conference that Israel’s defense budget would heavily shape the public’s standard of living in the coming years.

Bank Hapoalim CEO Yadin Antebi at EY's annual real estate conference

Gov’t allocates over NIS 1 billion to prosecute October 7 terrorists in military tribunals

Lawmakers who sponsored the bill likened it to the Eichmann trials in 1961, which broadcast live and recorded testimonies of Holocaust survivors throughout the world before the execution.

Terrorists from Hamas's Nukhba Force being held at Ofer Prison near Jerusalem, August 28, 2024.

Israel’s 'bloated, unstable' gov't harms public service, wastes millions each year, report finds

State Comptroller Englman recommends limiting ministries, ending duplication, and requiring full staffing and budget groundwork before government powers are reshuffled.

New Israeli Shekel banknotes are seen in this picture illustration.

Knesset Finance panel debates transfer of NIS 98 million to haredi schools

The High Court ordered last month that the Finance Committee reconvene and hold a fresh deliberation on the matter before voting to approve the transfer of the funds.

Finance Committee chair MK Hanoch Milwidsky leads a Finance committee meeting at the Knesset, the Israeli parliament in Jerusalem, during the war with Iran and Hezbollah, March 15, 2026.

Protesters block Knesset entrance following approval of 2026 state budget

"While the Israeli public is sitting in shelters, the government of massacre approves a pig-sized budget," the protesters stated.

PROTESTERS GATHER outside the Knesset against the approved 2026 budget.

Netanyahu, Smotrich to 'set aside' haredi draft law, approve billions in defense funding for war

“The costly campaign requires a special budget with the addition of tens of billions of shekels for the war effort,” Netanyahu said.

Prime Minister Benjamin Netanyahu (R), Finance Minister Bezalel Smotrich.

Outcome of state budget vote uncertain amid coalition crisis over haredi draft

By law, if the state budget is not approved in all three readings by the end of March, when the fiscal year closes, the Knesset will automatically dissolve, and elections will be called.

Prime Minister Benjamin Netanyahu and his cabinet seen at the Knesset plenum, June 11, 2025

2026 budget reading puts government at risk, after months of ideological sparring - analysis

If the vote is postponed, or if the haredi (ultra-Orthodox) parties choose not to support it and it falls, then for all intents and purposes the government will fall with it.

A PLENUM session at the Knesset.

State budget offers 'no good news,' will likely pass Knesset vote, says MK Beliak - interview

If the state budget is not approved in all three readings by the end of March, when the fiscal year closes, the Knesset will automatically dissolve, and elections will be called.

MK VLADIMIR Beliak attends a Finance committee meeting at the Knesset, the Israeli parliament in Jerusalem on December 31, 2025.

Israel's 2026 state budget to be brought for gov't approval on Dec. 4 amid tensions

After passing the first hurdle of government approval, the budget proposal will still need to be brought to the Knesset’s plenum for three separate readings before it is finalized.

Prime Minister Benjamin Netanyahu and his cabinet seen at the Knesset plenum, June 11, 2025