Ministry Cites Money-Laundering at Legal Money Changers
At least 35% of activity in legal money-changing outlets in Israel are involved in money-laundering, Finance Ministry believes.
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Finance Ministry
News and updates about Finance Ministry
Poll: 78% Don't Trust Lapid as Finance Minister
Over three quarters of Israelis do not trust Yair Lapid to lead Israel's economy to prosperity and success, a poll showed.
Government Approves 4% Cut
Cabinet votes to approve 4% budget cut. Lapid: This is necessary to avoid bankruptcy.
FM Workers ‘Wish PM Would Get Involved’ in Dispute
Foreign Ministry workers say they wish the prime minister would get involved in the current dispute that has affected embassies worldwide.
Finance Ministry Helps Israelis Find ‘Lost’ Pension Funds
New Finance Ministry plan helps citizens track down pension funds. An estimated 10 billion shekels unclaimed.
Lapid: We Knew This Would be Hard
Finance Minister says budget cuts are hard, inevitable.
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%.
Lapid’s Deputy Slams Hareidi ‘Leeches,’ Apologizes
Deputy Finance Minister terms hareidi Jews ‘leeches,’ says they ‘can’t live off taxpayers.’
Airlines Agree to End Strike
Israeli airlines, Finance Ministry reach a deal; Israel will pay for airlines’ security costs.
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.
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."
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.
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.
Opposition Slams Lapid Over Planned Cuts
Lapid chooses to avoid special Knesset session but finds time to post on Facebook, angering opposition.
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.
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.
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.
17-Day-Old Nurses' Strike Ends
Agreement between nurses and Finance Ministry will see the nurses' salaries being increased over 4.5 years.
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%
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.
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.
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.
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.
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 do
Commissioner: Demos were 'Well Planned Violence'
Police Commissioner Danino: "Freedom to demonstrate must not turn into chaos."
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.
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.
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.
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.
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.
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.
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."
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.
'No Deal' Between Doctors and Finance Ministry
Talks between the doctors' union and the Finance Ministry ended late Tuesday night with no resolution.
General Strike in Israel Averted
Finance Ministry and the Histadrut Labor Federation reach agreements after night long negotiations, general strike canceled.
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