Finance minister says businesses throughout the country who have been hurt during the ongoing war will receive compensation; state deficit will widen

War comes at challenging time for economy; International Monetary Fund warns world economy faces new uncertainty from war between Israel and Hamas

Figures show government revenue from real estate taxation slumped 56%; government expenditure jumps 6.9%

For the first time in nine months, Israel posts a budget deficit of NIS 300 million, or 0.01% of GDP, due partly to a 43% drop in revenue from real estate taxes, says Treasury

Cabinet is set to review and vote on the Finance Ministry's proposal for the new state budget, but many points of disasgreement remain between ministers

'There could be a very big crisis here': Meretz’s Nitzan Horowitz threatens to withdraw support from state budget, which will need full coalition support to pass

Finance minister says he hopes for 5% annual economic growth in next 4 years, budget deficit target of 7.1% of GDP for 2021 is reachable

Canceling exemption for purchases of up to $75 would bring hundreds of millions to state coffers, sources say; move could impact online purchase market, benefiting local retailers

Amid economic chaos and no reliable forecasts, treasury insists planning 2 years ahead futile; but ensuing political instability could keep Blue and White head from PM's office

While pools, beaches and bars reopen, parliament remains steadfastly closed to advocacy groups and media, even as it prepares to pass the most important budget bill in decades