Lapid Agrees to Raise Deficit to 4.65%

Finance Minister Yair Lapid agrees to increase the deficit target to 4.65% for 2013, after originally planning to increase it to 4.9%.Elad Benari, Canada, 5/3/2013, 8:58 PM

Lapid’s Deputy Slams Hareidi ‘Leeches,’ Apologizes

Deputy Finance Minister terms hareidi Jews ‘leeches,’ says they ‘can’t live off taxpayers.’Maayana Miskin, 4/24/2013, 11:00 AM

Airlines Agree to End Strike

Israeli airlines, Finance Ministry reach a deal; Israel will pay for airlines’ security costs.Maayana Miskin, 4/22/2013, 7:22 PM

Mitzna: Yair Lapid as Finance Minister is 'Irresponsible'

Appointing Yair Lapid as Finance Minister is like appointing Amir Peretz as Defense Minister, says MK Amram Mitzna.Arutz Sheva Staff, 4/14/2013, 5:52 AM

Lapid: Budget Cuts 'Painful and Necessary'

Minister of Finance says Israel must "return to responsible behavior so that we don't turn into Greece or Spain."Gil Ronen, 4/13/2013, 8:48 PM

Eilat Shuts Its Doors to Protest Sales Tax

The Red Sea resort of Eilat will block entrances to the city next week to protest a government plan to impose a new sales tax. Chana Ya'ar, 4/11/2013, 4:04 PM

Proposed Budget: Raise the VAT, Cut Civil Servants' Pay

The Treasury plans to raise the VAT and cut the wages of civil servants in order to reduce Israel’s deficit.Elad Benari, 4/11/2013, 4:44 AM

Opposition Slams Lapid Over Planned Cuts

Lapid chooses to avoid special Knesset session but finds time to post on Facebook, angering opposition.Elad Benari, 4/10/2013, 3:42 AM

Lapid: It's Worse than I Thought

Israel’s new Finance Minister admits he will have to implement tough economic cuts in order to repair Israel’s economy., 3/24/2013, 5:14 AM

Bennett, Lapid Deny Giving Netanyahu an Ultimatum

Bennett and Lapid deny media reports that they plan to demand the Foreign and Finance Ministries or stay away from the coalition.Arutz Sheva Staff, 3/7/2013, 4:14 AM

Likud Official: Lapid was Offered Finance Ministry

Yair Lapid was offered the position of Finance Minister in the new government but has yet to respond to the offer, says Likud.Arutz Sheva Staff, 3/6/2013, 3:44 AM

17-Day-Old Nurses' Strike Ends

Agreement between nurses and Finance Ministry will see the nurses' salaries being increased over 4.5 years.Elad Benari, 12/20/2012, 2:42 AM

Ministry: Economy to Grow 3.5% in 2013

The Finance Ministry on Sunday released an optimistic forecast for economic growth in Israel for 2013, with predicted growth at 3.5%David Lev, 12/17/2012, 7:54 AM

Talks Fail, Nurses Go On Strike

Israel's nurses will begin an open-ended strike on Monday morning, after last minute talks produced no results.Elad Benari, 12/3/2012, 6:14 AM

U.S. and Israel Sign Off on Loan Guarantees

U.S. Treasury Secretary Tim Geithner and Israeli Finance Ministry Director mark the extension of the U.S.-Israel Loan Guarantee program.Elad Benari, 10/25/2012, 2:13 AM

Steinitz: Ministers Don't Need BMWs

Finance Minister Yuval Steinitz is seeking to cancel the results of a tender for new BMW cars to be provided for government ministers.David Lev, 7/12/2012, 11:34 AM

Fischer Loses Deficit Spending Showdown in Cabinet

The cabinet voted to raise Israel's deficit ceiling to 3% over the objections of Bank of Israel governor Stanley Fischer.Gabe Kahn, 7/2/2012, 5:10 PM

Fischer Blasts Netanyahu Deficit Spending Plan

Bank of Israel governor Stanley Fischer says the PM's plan to increase deficit spending is the exact opposite of what Israel should doGabe Kahn, 6/29/2012, 1:05 PM

Commissioner: Demos were 'Well Planned Violence'

Police Commissioner Danino: "Freedom to demonstrate must not turn into chaos."Gil Ronen, 6/26/2012, 2:02 PM

Israel's Proven Gas Revenues: NIS 20b

This year's state financial report includes an estimate of Israel's rights to oil and gas discovery revenues. Amount: NIS 20.3 billion.Chana Ya'ar, 5/10/2012, 9:02 AM

National Labor Strike Set for Wednesday

The Histadrut Labor Federation has set a general strike on Wednesday after the National Labor Court lifted an injunction imposed last week.Chana Ya'ar, 2/5/2012, 1:23 PM

NII Panel Agrees on Benefit Package for Disabled Israelis

A social services panel has reached an agreement on improving the meager monthly benefits for some 200,000 Israelis who have disabilities.Chana Ya'ar, 1/9/2012, 12:14 AM

Dead Sea Rehab Deal Reached with Finance Ministry

The government and Israel Corp. have reached a deal on mineral salt harvesting to rehabilitate the Dead Sea -- but not everyone is happy.Chana Ya'ar, 12/28/2011, 4:05 PM

NIS 1.1b Debt Write-off in Israel Military Industries Deal

A NIS 1.1b debt write-off for Israel Military Industries and retirement for 950 workers is proposed in a deal to privatize the company. Chana Ya'ar, 12/15/2011, 9:03 AM

Train Strike Leads to 'Bus Man's (Busy) Holiday'

The government has ordered an increase in the number of intercity buses to ensure that a train strike doesn't cripple the country.Chana Ya'ar, 9/22/2011, 10:51 AM

Finance Ministry: PA Funds Not Delayed

Contrary to reports Finance Minister Yuval Steinitz had blocked NIS 380 million to the PA officials say the money will be "on time." Gabe Kahn., 8/31/2011, 8:14 PM

Israel to Renew Tax Transfer to the PA

Israel announces that the frozen tax money will be transferred to the PA, after confirmation was received that it will not be given to Hamas.Elad Benari, 5/16/2011, 4:15 AM

'No Deal' Between Doctors and Finance Ministry

Talks between the doctors' union and the Finance Ministry ended late Tuesday night with no resolution. Chana Ya'ar, 4/27/2011, 9:04 AM

General Strike in Israel Averted

Finance Ministry and the Histadrut Labor Federation reach agreements after night long negotiations, general strike canceled.Elad Benari, 11/2/2010, 4:18 AM