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Prediction ‘Failed’: Israeli Tax Authority Now Expects $5.7 Billion Surplus in 2017

“A billion here, a billion there, pretty soon it adds up to real money.”

National Opportunity: Israel’s Treasury Expecting $5 Billion Surplus

By law, if a decision is not made by the end of the year, the surplus money will automatically go to finance the budget deficit – bringing it down to about 1.5 percent, 50 percent below the budget deficit target.

Supreme Court Approves Policy Against State, Local Government Employing Illegal Eritreans, Sudanese

Justice Rubinstein noted that the anti-migrant employment policy is consistent with the government's decision to increase employment opportunities for Israelis.

Israel to Punish Amnesty International for Boycott Campaign

Kahlon said the ministry would use "any and all means at its disposal. . . against any organization that undermines the State of Israel or IDF soldiers."

Israel To Allow 560 Tons of Tax-Free Honey Imports for Jewish New Year

The order is a temporary measure said to be necessary due to expected shortages in the domestic market.

Finance Ministry Opposes Bank Mizrahi-Tefahot-Igud Merger

Unlike the Banking Regulator, the Ministry of Finance thinks the merger will reduce competition in the banking industry.

Government Approves New Settlement for Amona’s Evacuees

Housing Minister Yoav Galant (Kulanu) held that the project required double the allocated budget, and was holding back the construction work at the site.

Finance Minister Moshe Kachlon’s Housing Economics Experiment is Failing

"There's also less real estate advertising for investors, because they aren't buying. Kachlon chilled the market."

Thousands of Chinese Construction Workers to Arrive in Israel

'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.'

No Disruption of Trump Visit by Foreign Ministry Workers

In accordance with the agreement, the new wage contract will be implemented within the next two weeks.

Kahlon ‘Net Family’ Tax Cut Plan Passes Unanimously

“The Knesset today says in a clear voice to the working citizen that it also knows how to give, not just take."

Foreign Ministry’s Civil Servants to Sabotage Trump’s Visit

The back story of this wildcat strike is the fact that the Histadrut, Israel's umbrella organization of trade unions, is in the midst of an election campaign.

Kahlon Social Engineers Young Families to Get Back at Netanyahu

Now approaches Kahlon's summer of discontent, where every one of his moves is expected to be colored with his desperate need to continue to matter.

Shaked Transfers $7.5 Million from Courts Budget to Settlements Security

At the Finance Ministry they are unhappy with the decision, which is based on a vote taken by the Netanyahu cabinet on the last day of 2016.

Israel Bonds Celebrates New Record in Global and US Sales

"Investing in Israel has touched a response chord with individuals from all walks of life."

Egged Bus Co., Finance Ministry Heading for Collision

Egged has demanded the government raise its subsidy by NIS 1.5 million to pay for the drivers taking early retirement.

Knesset Passes NIS 907 Billion Budget for 2017-2018

The national budget for years 2017 and 2018 was approved by the Knesset in a vote of 60-48. Defense, as usual, is the biggest expense, at NIS 70 billion per year.

Report: Frequent Injuries Force IDF to Ease Women’s Combat Requirements

The mixed battalions will be relocated to their own boot camp base, apart from the rest of the infantry's training facilities.

Finance Committee Approves Long Term Savings for Every Child Retroactive to Jan. 2015

MK Gafni: Real news for the children of Israel. New law will help level playing field for poorer children.

Bereaved MK Lashes Out at Finance Ministry Over Fire Crisis

MK Boker says government funding for fire buffer lines could have prevented injuries and property damage.

Finance Minister Exposing Fresh Meat Market to Foreign Competition

For the duration of the next year, the quota for duty-free fresh meat imports will be doubled.

All-Time High Israeli Tax Collection: $57 Billion So Far in 2016

Based on the tax collection bonanza, it appears government could go on a mad spending spree, especially on security, and still end up with only a 2% of GNP deficit.

UN Report on Failed Gaza, PA Governments: It’s All Israel’s Fault

We went looking for those items that best reflect how the report turns facts and figures on their heads to come up with the preconceived conclusion: it's all the fault of the Israeli occupation, and once Israel is out of the picture you'll see how those Palestinians will become Switzerland of the Middle East.

Ahmad Tibi, Yisrael Beiteinu, Cooperating to Protect Arab Workers from Unjust Taxation

Why would Israel be so invested in taking money away from the only PA Arabs who still have something good to say about it, and give it to the PLO?

A First: Kibbutzniks to Pay Personal Income Tax

The Finance Ministry's new rule must still go through the Knesset Finance Committee for approval, and the agricultural lobby is expected to put up a hard fight against the changes.

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