Finance Ministry

Israeli ministry dealing and overseeing all matters concerning country's economy

'Allies don't sanction allies': Finance Minister Smotrich unfazed by UK sanctions - interview

“There will be a very strong response toward these countries, the Palestinian Authority, and steps which will significantly strengthen Israel's presence in Judea and Samaria."

 Finance Minister Bezalel Smotrich.
Finance Minister Bezalel Smotrich speaks in the Knesset plenum, in Jerusalem, March 25, 2025

Smotrich orders cancellation of waiver on cooperation with Palestinian banks

A general view of houses in the Israeli settlement of Maale Adumim in the West Bank

Israel approves 22 West Bank settlements amid war with Hamas, pressure for Palestinian state

 A map of 22 areas in the West Bank that were approved for new Israeli settlements, May 29, 2025.

Gov't approves establishment of 22 new West Bank settlements


Finance Ministry, Teachers Union reach agreement in wake of teacher strikes

In addition, the clause published in the May 4 draft proposal that would have halted rank promotions for four months has been removed.

 Finance Minister Bezalel Smotrich and Yaffa Ben-David, Secretary-general of the Teachers Union.

Court rules: Teachers who took sick leave as protest must return to work

Some tens of thousands of teachers have been on a “sick day” strike since the start of the week.

An empty classroom in a school in Givatayim amid the teachers' strike. May 6, 2025.

'It's about more than money': Uncertainty remains over end to teacher strike despite deal

Despite new understandings between the Finance Ministry and the Teachers’ Union, it remains unclear whether disruptions in the education system will soon come to an end. 

 View of exterior of an empty school amid teachers strike May 5th, 2025.

Gov't members to raise own salaries while teachers strike over budget cuts - report

Just one day earlier, Smotrich wrote a letter to teachers, assuring them that rumors of government members receiving a pay raise are false.

(L to R): Defense Minister Israel Katz, National Security Minister Itamar Ben-Gvir, Prime Minister Benjamin Netanyahu, Finance Minister Bezalel Smotrich, Foreign Minister Gideon Sa'ar.

‘You are being incited with lies’: Smotrich denies Finance Ministry responsible for teacher pay cuts

Smotrich claimed there were necessary budget cuts across multiple sectors as a result of the war's growing cost.

 Finance Minister Bezalel Smotrich at Knesset, February 10, 2025.

Education Ministry backs teachers' strike on budget cuts to salaries

Benny Gantz expressed his support for the teachers as well and criticized Netanyahu's conduct on the matter.

 ONE CHALLENGE: The ongoing classroom shortage. Pictured: At a Beit Hakerem school.

High Court cannot force government to retain Bar as Shin Bet head, says Smotrich

"The responsibility for Israel's security lies with the government, and therefore, the authority [to fire Bar] rests with it," Smotrich said.

Finance Minister Bezalel Smotrich speaks in the Knesset plenum, in Jerusalem, March 25, 2025

Knesset tensions rise as opposition seeks to block budget cuts

Israel’s 2025 budget faces opposition pushback over proposed spending cuts, potentially delaying its approval ahead of the March 31 deadline.

 The Finance Committee meets in the Knesset, June 2021

Purim Spiel: Israel solves economic crisis by just printing more money

Purim Shpiel: The following is a satirical article from The Jerusalem Post's annual parodic Purim page, The Jerusalem Roast. Enjoy!

 Makin' it rain, baby.

They can't keep doing reserves forever: Families react to new benefits initiative

The plan includes benefits for combat soldiers and aims to take "meaningful steps" to deepen appreciation and aid for reservists.

 RESERVE SOLDIERS of the Be’eri Battalion.

Israel to expand financial benefits for reservists and their families

The initiative will include an allocation of around 3 billion shekels to implement measures to increase the recognition and support of reservists through financial assistance.

Reservists train during a battalion wide exercise in the Golan Heights.