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Finance Ministry

News and updates about Finance Ministry

Geriatric hospitals 'on brink of collapse' due to Omicron wave

Government COVID grants from 2020-1 have been stopped by the Finance Ministry, even though the crisis is far from over.

Geriatric hospitals 'on brink of collapse' due to Omicron wave

Finance, Economy Ministers to food companies: Don't raise prices

With a stronger shekel and lower inflation, companies are making money without passing on savings to consumers.

Govt to food companies: Don't raise prices

Finance Ministry: 'We won't abandon any citizen in Israel'

'We finished the year 2021 with growth,' says Minister in the Finance Ministry Hamad Amar.

Finance Ministry: 'We won't abandon any citizen in Israel'

Finance Ministry refuses to compensate airline companies for losses due to restrictions

Foreign arrivals barred from country for two weeks; government says: "These are normal business risks."

Finance Ministry refuses to compensate airline companies

Who did the Finance Ministry consult with before taxing disposables?

'What we're hearing here is simply insane,' Shas MK Azoulay says at Finance Committee meeting.

Who did the Finance Ministry consult before taxing disposables?

Eli Avidar won't be on Yisrael Beytenu list

Minister without portfolio who refused position in Finance Ministry to be booted from party.

Eli Avidar won't be on Yisrael Beytenu list

Biden banking pick denies GOP charges of being a communist

Saule Omarova also criticized by Republicans for advocating “radically reshaping the basic architecture and dynamics of modern finance.”

Biden banking pick denies GOP charges of being a communist

Hospital directors: Gov't reneged on funding, we can't accept new Covid-19 patients

Finance Ministry signed agreement to transfer 300m shekels 6 months ago - and hasn't paid a penny.

Hospital directors: Gov't reneged on funding, no new admissionsplayer

Foreign Ministry offers afternoons off

'Spending time with the children does not harm work,' Foreign Minister Yair Lapid says.

Foreign Ministry offers afternoons off

Liberman: I will demand the Finance Ministry

Yisrael Beytenu chairman says his party will demand the Finance, Health and Internal Security Ministries in the next government.

Liberman: I will demand the Finance Ministry

Finance Minister Yisrael Katz: 'Health Ministry detached from the people'

Minister Katz sharply attacks Health Ministry, that opposes opening businesses, ahead of Corona cabinet discussions. 'What's this insanity?'

Finance Minister: 'Health Ministry detached from the people'

Ministers decide: Significant addition to health system manpower

Health and Finance Ministers agree on reinforcement of 2,000 nurses, 400 doctors, manpower, and additional procurement for health system.

Ministers decide: Significant addition to health system manpower

Amid sharp criticism, Finance Ministry cancels tax breaks for controversial foreign NGOs

Israel cancels tax exemptions for foreign groups operating in the Palestinian Authority. 'Unfathomable that we'd help those who harm Israel'

Bowing to pressure, Israel cancels tax breaks for NGOs in the PA

Finance Minister Katz to advance benefits to Palestinian Arab organizations

Palestinian Arab aid organizations will receive more than 60% off fuel costs, while Israeli charities will continue to pay full price.

Finance Minister to advance benefits to PA organizations

'A total lockdown would've resulted in 3 million unemployed'

Outgoing Director-General of Ministry of Finance acknowledges error in how the economic crisis at the start of the pandemic was handled.

'A total lockdown would've resulted in 3 million unemployed'

The Israeli Intelligence Directorate's hypnotist

'Eighty percent of the admissions you get from hypnosis are correct,' says Colonel Shimon Simon Lavi.

The Israeli Intelligence Directorate's hypnotist

No more grants for the self-employed, Treasury says

Treasury says the economy is back to normal.

No more money for the self-employed, Treasury says

'One hand gives self-employed a grant, the other hand takes it away'

Knesset Finance Committee discusses whether to tax coronavirus-era unemployment grant for self-employed.

'One hand gives to the self-employed, the other hand takes away'

Finance Minister announces steps to maintain economic stability

Finance Minister introduces measures to assist in dealing with coronavirus fallout.

Finance Minister announces steps to maintain economic stability

Finance Ministry reaches agreement with Israel Teachers' Union

Negotiations between Finance Ministry, teachers, reach dead end as teachers threaten not to begin school year on Sunday.

Finance Ministry reaches agreement with Israel Teachers' Union

Budget cuts will fund underground fence - and afternoon programs

Proposed budget cuts eliminate 260 jobs, to provide funding for arson victims, afternoon programs.

Budget cuts will fund underground fence - and afternoon programs

Judea and Samaria defense budget still held up

Dozens of security projects on hold as dispute between Defense, Finance Ministries preventing release of NIS 45 million in defense spending.

Judea and Samaria defense budget still held up

Finance Ministry must compensate tortured Israeli collaborators

Israel must compensate NIS 14 million to 52 Arab collaborators with Israel arrested by PA security forces; monies to be withheld from PA.

Finance Ministry must compensate tortured Israeli collaborators

Kahlon: It's the Finance Ministry or nothing

Finance Minister Moshe Kahlon makes clear he will not serve in any other position after the elections.

Kahlon: It's the Finance Ministry or nothing

Law restricting use of cash goes into effect

Israeli law limiting use of cash for purchases, payment of wages goes into effect. Violators could face up to 3 years in jail.

Law restricting use of cash goes into effect

Mossad seeks significant budget increase

Intel organization asks finance ministry for extra billions which will significantly broaden the scope of its activity.

Mossad seeks significant budget increase

MK Forer: Improve status of daycare workers

MK Oded Forer warns of severe consequences for children, economy if daycare centers do not open this year due to strike.

MK Forer: Improve status of daycare workers

'Gift to Erdoğan for the Jewish holidays'

Farmers furious at decision to permit importation of tomatoes from Turkey for holidays, despite there being no shortage. MK: 'Wrong move.'

'Gift to Erdoğan for the Jewish holidays'

Vote on Daycare Supervision Law postponed

Labor and Social Affairs Ministry: 'Unfortunately, law not promoted because of insensitivity and irresponsibility of Treasury officials.'

Vote on Daycare Supervision Law postponed

Some 100 PA Arabs to receive budgetary pension

Since 2001 new public sector employees receive no budgetary pension; Loophole lets PA Arabs working in Civil Admin to benefit nevertheless.

Some 100 PA Arabs to receive budgetary pension

These are the highest paid public sector employees

Finance Ministry releases report on public sector salaries in 2016.

These are the highest paid public sector employees

Likud minister: Treasury decision to cut police budget 'petty'

Finance Ministry aims to cut police officers' meal subsidies, Public Security Minister Erdan calls decision 'delusional' and 'petty.'

Likud minister: Treasury decision to cut police budget 'petty'

Disabled allowance budget to increase by NIS 2 billion

Netanyahu and Welfare Minister Katz agree to increase disabled allowances; joint press conference with Finance Minister expected at 11:00.

Disabled allowance budget to increase by NIS 2 billion

'Toward a cashless society' - Gov't to limit cash transactions

Finance Ministry pushing to limit use of cash, checks between private individuals, businesses. Cash payments over $1450 to be banned.

'Toward a cashless society' - Gov't to limit cash transactions

Number of haredi Jews entering workforce slowing, report finds

A new study finds that only 51% of haredi men are working, far less than the government's goal of 63% by 2020.

Number of haredi Jews entering workforce slowing, report finds

Israel to get $4.7 billion in royalties from natural gas

Finance Ministry announces Israel will make large profit on use of and exporting of natural gas.

Israel to get $4.7 billion in royalties from natural gas

Cost of living higher in Israel than rest of the OECD

Finance Ministry says Israelis pay more for cars, food, household goods, and electronics than any other country in the OECD.

Cost of living higher in Israel than rest of the OECD

Finance Ministry to revoke Amnesty donors' tax benefits

Amnesty campaigns for Judea, Samaria boycott, Finance Ministry aims to revoke tax benefits from organization's donors.

Finance Ministry to revoke Amnesty donors' tax benefits

Striking electric company workers receive pay cut

Israel Electric Company workers strike, then see their salaries struck. Company: We're working together with the Finance Ministry.

Striking electric company workers receive pay cut

Jerusalem drops CityPass from light rail extension

Government puts extension of existing line, construction of new line, up for grabs, takes rights away from CityPass.

Jerusalem drops CityPass from light rail extension