By Jewish News Syndicate (JNS)
The revised framework raises the expenditure limit to $160 billion, up $19 billion from that approved before Oct. 7.
The government passed the 55 billion shekel ($14.5 billion) budget on Monday.
Israel’s government approved Prime Minister Benjamin Netanyahu, Finance Minister Bezalel Smotrich and Defense Minister Yoav Gallant’s 9 Billion Shekel ($2.5 billion) plan for aiding military reservists.
Arab terrorists in Judea, Samaria and the Jordan Valley have escalated their terror campaigns against Israeli civilians and security forces in the wake of Hamas’s Oct. 7 massacre.
According to reports, Gantz will stay in the government and fight the budget in parliament, hoping to enlist other coalition members to his side.
"United Jerusalem is not a slogan, it is a responsibility," said Finance Minister Bezalel Smotrich.
By David Isaac
The most pressing issue—the state budget; the most consequential—judicial reform.
The state budget for 2023 will amount to approximately NIS 484 billion and in 2024 to approximately NIS 513 billion.
By Jewish News Syndicate (JNS)
The request, reportedly for this year and the next, is part of an effort to boost Iran strike preparations, as well as to compensate for inflation.
PA revenue during the first 10 months of 2021 were the highest in its history.
By Aryeh Savir, Tazpit News Agency
Political pundits in Israel estimate that the Bennett coalition stands a chance at passing the budget in its final reading. The coalition has until November 14 to do so, or it falls by default.
Bennett said, “Our goal is to reduce the gaps in education, welfare, women’s employment and the economic-municipal sphere in particular."
Among the goals of the program are the disbanding of criminal organizations, reducing the effects of crime and violence in Arab society and reducing the economic means available to criminal organizations.
Rumor has it that Netanyahu is planning to offer Gantz a very sweet deal.
The Israeli government's new budget introduces a whole slew of new taxes on the recovering citizens.
The improvement in Israel’s situation vis-à-vis the Coronavirus is attributed to its success to rapidly vaccinate its population.
In the coming days, the Ministry of Finance will hold a macro discussion to determine the budget goals.
By Jewish News Syndicate (JNS)
The government must still approve a state budget and submit it for three Knesset readings by Dec. 23, or it will dissolve and new elections will be triggered.
The Arabic version of the budget references payment to jailed terrorists, while the English translation doesn't include that line item.
By Aryeh Savir, Tazpit News Agency
The government will vote to push off a budget decision by 100 days.
By Jewish News Syndicate (JNS)
Railing against the Israeli prime minister’s handling of the coronavirus crisis, the head of the right-wing Yamina Party called the current government “one of the worst” in the country’s history.
By Jewish News Syndicate (JNS)
“The public is in desperate need of reform and financial aid” regardless of politics, says Finance Minister Israel Katz • Coalition deal sets Aug. 15 deadline for the passing of a biennial budget.
Over 150 local authority leaders, who represent nearly 70% of Israeli residents, threatened to strike if NIS 1 billion needed for civil programs is not transferred in the near future.
The Public Security Ministry is accused of squeezing the budget on weather technology that could help prevent fires.
By JNi.Media
"Currently, French nationals who are looking to emigrate have many options, so if we do not offer them at least what other countries are offering – we'll be facing stiff competition."
Following PMW reports, the US, the EU, Norway, and other donors stopped funding the PA general budget because the PA pays salaries to terrorists, yet France continues to fund the PA's general budget
By JNi.Media
MK Israel Eichler (UTJ) threatened the Opposition--he'd be happy to let the Supreme Court review each of the 32,000 amendments...
By JNi.Media
Deri threatened that should the issue of zero VAT on essential products not be resolved by the following voting round, his party, Shas, would oppose the budget.
A State Comptroller audit report just came out attacking the prime minister for spending too much money on maintaining his residences and other official entertaining related expenses, and on how the money was spent. David Shimron, the attorney of the Likud political party spoke at a press conference in Tel Aviv comparing the expenditures of […]
Finance Minister Yair Lapid, chairman of the Yesh Atid party, has come up with a fantastic plan to solve Israel’s apartment shortage but it has one large problem - a cost of approximately $14 billion, according to an estimate by Globes business newspaper. That may be par for the course for the former journalist who didn’t […]
By Shalom Bear
Forget Netanyahu, the media should be looking at President Peres's budget, and what he's been doing with it.
This massive amount of money is not going towards schools, medical centers, or social programs - just terrorism.
Often one spouse accuses the other of being an over-spender. But what exactly is “overspending”? This definition changes from family to family; for one, going out to eat on a weekly basis may be within their means, while even a periodic coffee may be stretching the resources of another couple. So how does a family […]
Knee-jerk leftists still are alive and sick. An equally sick mind posted on Yair Lapid’s Facebook page a picture of him dressed as Hitler. A PR agent immediately linked the fake posting with “the black days before the murder” of Rabin
Lapid is beginning to smell like a rose thanks to Haredi tycoons. He is taking yeshivas off the government dole and balancing the budget. How will yeshivas survive? The tycoons have an answer - money.
The Cabinet Monday evening passed a two-year budget, nearly five months late, with tax hikes and across-the-board cuts in spending, Only one minister voted against the budget, the second and last time it will cover two years instead of one. Finance Minister Yair Lapid, who is chairman of the Yesh Atid party, said after the […]
Obama has been cited for expensive golf outings. Now it’s Netanyahu’s turn: $2,700 for ice cream and $125,000 for an airplane bed. Indulgence or the price of public office?
By Batya Medad
The proposed budget harms the poor more than the rich.
By Daniel Payne
Predicting the future of huge laws is next to impossible, except, in this case, to say that it will either fail or cost taxpayers a lot of money, or both.
Netanyahu again plays chess, or poker, with the United States. Kerry wants a building freeze to satisfy Abbas’ conditions for resuming talks. Netanyahu reportedly agreed – but for only five weeks.
By Batya Medad
In actuality, Lapid as Finance Minister, isn't doing all that well.
The United States pays about 22% of the UN’s budget, which amounted to almost than $8 billion in 2010.
If Yesh Atid party leader Yair Lapid has any hopes of gaining one or even two Haredim as his fans, his deputy Finance Minister blew it “on air” when he called Haredim “parasites” on a Haredi radio program.
The United States told Israel the sequester axe fell lightly on Israel and that the cut in military aid will amount to $144 million or 5 percent, instead of the originally planned 8 percent of the $3.1 billion aid program. Finance Ministry sources told the Globes business newspaper that “reliable sources” notified Finance Minister Yuval […]
By J. E. Dyer
There is a foreign-policy aspect of 'perception benefits' Obama hopes to garner from a photo-op tour of Israel.
The fault lies with both the executive and legislative branches of government. Neither wants to budge from their ideological positions.
The “Unbreakable Alliance” motto for President Barack Obama’s visit to Israel next month may be undermined by massive budget cuts in US aid for Israel’ anti-terrorist missile programs.
By Meir Indor
Once Knesset Members have made cuts to their own salaries, it will be much easier to cut away at the fat that is choking the budget.
Sderot Mayor David Buskila has announced that he will not eat again until the government increased the budget of the beleaguered town, well-known landing site of many of Hamas’s rockets launched on civilians from sites in Gaza.
The Central Elections Commission approved a budget for the upcoming elections on Sunday.
The prime minister announced his intention to hold elections in early 2013, after concluding that he could not pass a "responsible budget." He told the nation on Tuesday night: "I decided the good of the State of Israel requires elections now, and as soon as possible."
Following meetings with the heads of the parties in the coalition, Prime Minister Netanyahu will be holding a press conference at 8 PM in Jerusalem on Tuesday. It's believed he will be announcing early elections, perhaps to be held as early as February 2013. If Netanyahu doesn't call for elections, then he needs to start […]
JERUSALEM – Faced with the prospect of not having enough votes within his own coalition to ensure passage of the 2013 national budget, as well as a growing political rift with his defense minister, Ehud Barak, Prime Minister Benjamin Netanyahu is reportedly considering moving up next year’s parliamentary elections from October to February.
The Israeli press has been featuring several leaks from Netanyahu's inner circle on Tuesday and Wednesday regarding the approaching declaration of a February vote, although an official declaration is yet to made. "We will make a decision by the opening of the winter session" of the Knesset, Netanyahu said on Tuesday. The winter session will start in two weeks.
Politicians take for granted that education is the road to empowerment and equality. Obama has read poems off his teleprompter about the wonders of education as the only means of ensuring "our" children's future. There is nothing revolutionary about that. Every politician takes it for granted that education means empowerment. But does it really?
Whatever the reason, if you reach retirement age and you see that you are not going to have enough money for your anticipated needs, what should you do?
By dvora
The other night, after having a truly bad day where nothing seemed to go right, I jokingly changed my Facebook status to “I have had one of those awful, miserable, terrible days! And there is NO chocolate in the house!”
By Ron Kampeas
WASHINGTON – Anointing Paul Ryan as his running mate, Mitt Romney attached a name and face to his fiscal policy.
Though the government of Prime Minister Benjamin Netanyahu instituted an unprecedented 10 month building freeze in Judea and Samaria due to pressure by the US beginning in November 2009, an Israeli business newspaper report shows that financial support for Jewish communities leaped a whopping 38% the following year.
On the eve of Yom HaShoah, Prime Minister Benjamin Netanyahu's cabinet on Tuesday adopted the recommendation of the Prime Minister, Finance Minister Yuval Steinitz, Deputy Minister for Senior Citizen affairs Leah Nass and Knesset Finance committee Chairman Moshe Gafni, and decided to increase the budget for the basket of services for Holocaust survivors, setting it […]
The website Shalom Toronto reports that Canada's foreign office will close down the International Centre for Human Rights and Democratic development, which two years ago has decided to support B'Tzelem and the two Palestinian human rights organizations Al Chak and Al Mizan. B'Tzelem is an Israeli organization which has been presenting a decidedly pro-Palestinian view […]
If certain elements of the charedi community have issues with the way women dress, let them figure out a way to alleviate their obvious spiritual and mental distress in a way that does not encroach on other people’s rights. It's their problem - they need to resolve it, instead of demanding that a huge segment of society change their lives and the way they do things just to accommodate them.
By Ron Kampeas
"The Department of State intends to work with Congress to seek legislation that would provide authority to waive restrictions on paying the U.S. assessed contributions to UNESCO," says a footnote in the budget that the White House submitted to Congress this month.
New law passed in a 21-8 vote.
After months of threatening to impose harsh sanctions on Iran, US President Barack Obama signed into law tough embargos aimed at Iran’s central bank and financial sector.