The state budget for 2023 will amount to approximately NIS 484 billion and in 2024 to approximately NIS 513 billion.
The fund targets non-profit organizations that work with "populations in need of assistance" and who lost more than 25% of their income.
With the financial challenges brought on by the Coronavirus crisis and Katz's restoration of reasonable tax rates, Israel is a Real Estate buyer's market once again.
By Jewish News Syndicate (JNS)
Israel announces permanent cuts in customs duties and purchase tax, as well as an extension of unemployment benefits, to spur growth in the wake of coronavirus lockdowns.
Fitch says that the global repercussions of the COVID-19 pandemic and domestic containment measures will cause Israel’s real GDP to contract by 5.6% in 2020, but projects a rebound in 2021, with GDP growing by 5%.
By Jewish News Syndicate (JNS)
Up to 80 percent of Israel’s public-sector workers and 70 percent of its private-sector office workers to go on leave until after Passover.
TASE conducted an initial estimate of the valuation the State of Israel would achieve if it were floated on the exchange.
By JNi.Media
"You are a philosopher, you only know how to talk and leave the doing to the rest of us," Kahlon told Netanyahu bitterly.
By JNi.Media
Flug accuses the Finance Minister of sheer populism: Mechir Lemishtaken costs the public coffers billions of dollars and creates harmful distortions to both the subsidized and free housing market.
Most buses in Israel run on diesel fuel.
By JNi.Media
"We are opening the door for technology companies to conduct experiments they could not otherwise undertake and are creating future opportunities for implementing new forms of innovative regulation for the entire Israeli economy.”
By JNi.Media
The satisfaction with Netanyahu and Liberman is reflected in the survey's snapshot of the election results, if said elections had been held today.
By JNi.Media
"The government of Israel tramples on agreements that it signed with the JNF as recently as the previous budget, making clear that it cannot be trusted to honor its obligations," MK Smotrich said in a statement Tuesday.
“I wouldn't like to see a reality where a husband or wife gets up in the morning and they don’t have a job to go to," Kahlon said.
Israel's Supreme Court shot down Kachlon's social engineering plan to tax 3rd apartments.
By JNi.Media
'The wheels are starting to move, and soon the Chinese workers will arrive in Israel [and] completely change the face of the construction and infrastructure industry in Israel, contributing to stability and sanity for many years.'
By JNi.Media
On paper, Herzog could cobble a new government with relative ease, should such a vote of no-confidence succeed and the Netanyahu coalition government be toppled – even without new elections.
By JNi.Media
As of Sunday morning there are no assessment hearings, and for several weeks no taxation abroad is being certified, no tax withholding on transactions in Israel, and 7,000 real estate transactions are delayed.
By JNi.Media
MK Gafni: Real news for the children of Israel. New law will help level playing field for poorer children.
By JNi.Media
On Friday, DOS Press Director Elizabeth Trudeau rebutted Netanyahu's accusation, although a careful reading of her attack on the PM reveals she didn't really answer his main argument.
Kahlon said, "As I am finance minister, there will be no casinos in Israel."
The main clauses of the bill include a separation of the major Israeli banks from Israeli credit companies. The three largest Israeli banks also currently own and operate the credit card companies.
By JNi.Media
The committee also succeeded in repelling the Israeli tax authority, which wanted initially to be able to use information gathered by Israeli banks for the IRS.
By JNi.Media
Finance Committee Chairman Gafni (UTJ) said "with all due respect to the Finance Ministry and talks of reform, in practice the prices have not gone down."
By JNi.Media
On Friday morning, a Kulanu politician, Environment Minister Avi Gabbay, announced his resignation on account of the Lieberman appointment.
By JNi.Media
The dynamo working tirelessly to promote a Likud-Labor coalition has been Finance Minister Kahlon, who is facing a serious challenge from his permanent foe Yair Lapid.
The new plans will benefit 60,000 survivors living below the poverty line.
Finance Minister Moshe Kachlon and Bank of Israel Governor Karnit Flug met today to discuss Israeli banking.
Katz is the master wheeler-dealer in the Likud and hopefully won’t destroy the economy before the elections.
For Lapid to successfully challenge Netanyahu, he will need to find the right time for a strategic exit from the government.
By Batya Medad
In actuality, Lapid as Finance Minister, isn't doing all that well.