Budgets Division News Today

"Globes" sets out the measures under consideration in the 2025 state budget for bringing in more tax revenue.

The Ministry of Finance says current proposals will neither answer security needs nor raise haredi participation in the workforce.

The Authority is formulating a government decision to remove the project from NTA, which is responsible for building the Tel Aviv light rail system.

Budgets Commissioner Yogev Gardos warns that the government's bill will push haredi men to stay in yeshiva.

The Finance Ministry Budgets Division is blaming the war for the revenue shortfall, when its assumptions were unrealistic in the first place.

In response to Benny Gantz's threat to vote against the revised 2023 budget, Benjamin Netanyahu claims that the dispute is over just 1% of the budget total.

Economic growth in Israel for 2023 is now forecast at 2%, which, given the growth in the population, amounts to stagnation.

An attempt to override Ministry of Finance professionals, allegedly to maintain funds for haredi parties, seems to have failed.

Minister of National Infrastructure, Energy, and Water Israel Katz: There is no chance of a shortage in local supply.

The Ministry of Finance is examining a proposal for a mortgage aid fund out of a tax on bank profits, but there are more questions than answers about it.