What will happen in Gaza “the day after?” Yisrael Beiteinu chairman and MK Avigdor Liberman posed this question during budget debates in the Knesset plenum on Wednesday. He claimed he “heard from an old friend in Washington” that war cabinet member and Strategic Affairs Minister Ron Dermer had made a commitment to Saudi Arabia … Read more
The renewed budget for 2024 passed into law on Wednesday, after weeks of debate in the Knesset Finance Committee. NIS 55 billion out of the extra funding will go to military purposes, and NIS 15.5 billion for civilian needs. The budget deficit is predicted to be 6.6%, as opposed to the original 2.5% in … Read more
Israel’s Knesset on Tuesday began a marathon debate to approve a controversial updated version of the 2024 national budget. The national budget in effect is a package of bills that are passed together. The first is the actual budget of each government ministry for the year 2024; the second sets the government’s spending ceiling … Read more
Attorney-General Gali Baharav-Miara must instruct the Finance Ministry to freeze coalition funds for the 2024 state budget, the Movement for Quality Government in Israel (MQG) urged in a letter to her, the Finance Ministry’s legal counsel, and Finance Minister Bezalel Smotrich. Following the passing of the amended 2023 budget last week, which included coalition … Read more
After several discussions and delays stemming from governmental strife over coalition finances, the Finance Committee gave its approval to the revised state budget for 2023 on Tuesday. The budget is now set for a second and third reading in the Knesset, with deliberations commencing tomorrow and final approval votes scheduled for Thursday. In response … Read more
