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State Budget

Prime Minister Benjamin Netanyahu speaks with Finance Minister Bezalel Smotrich during a Cabinet meeting in Jerusalem, June 18, 2023. Photo by Amit Shabi/POOL.

Netanyahu vows to transfer special funding to Arab locales

Israeli Finance Minister Bezalel Smotrich has held up the budgets, insisting that proper oversight mechanisms first be implemented.

August 9, 2023

Israeli Prime Minister Benjamin Netanyahu, ministers and MKs seen after a discussion and a vote on the state budget at the Knesset in Jerusalem, May 23, 2023. Photo by Yonatan Sindel/Flash90.

Knesset passes 2023-24 state budget

The 2023 budget is 484 billion shekels ($132 billion) and the 2024 budget is 514 billion shekels ($140 billion).

May 24, 2023

Israeli Prime Minister Benjamin Netanyahu and National Security Minister Itamar Ben-Gvir at the Knesset in Jerusalem. Photo by Olivier Fitoussi/Flash90.

Otzma Yehudit deal paves way for passage of state budget

The agreement, which grants an additional $68.3 million to the Negev and Galilee, is “good news,” says Otzma Yehudit head Itamar Ben-Gvir.

May 23, 2023

Construction and Housing Minister Yitzhak Goldknopf arrives at the weekly Cabinet meeting in Jerusalem, Jan. 22, 2023. Photo by Olivier Fitoussi/Flash90.

Likud reaches deal with UTJ, removing obstacle to budget

The Agudat Yisrael faction will receive 250 million shekels.

May 22, 2023

The Knesset Assembly Hall, March 13, 2023. Photo by Yonatan Sindel/Flash90.

Knesset panel approves state budget after marathon debate

The budget now heads to the plenum for its final votes.

May 16, 2023

Finance Minister Bezalel Smotrich leads a faction meeting of his Religious Zionism Party in Givat Harel, Feb. 14, 2023. Photo by Sraya Diamant/Flash90.

Cities across Israel go on strike to protest tax transfer plan

The “Arnona Fund” would see wealthier municipalities subsidize poorer ones with local business property taxes.

May 15, 2023

Finance Minister Bezalel Smotrich at the Knesset in Jerusalem, March 21, 2023. Photo by Yonatan Sindel/Flash90.

Knesset OKs first reading of 2023-24 state budget

The budget must pass by May 28 or the government falls.

March 28, 2023