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Bank of Israel Governor: War Costs to Reach $57.3 Billion Plus $10.6 Billion in...

Prof. Yaron also noted that it was clear to everyone there would be a long-term increase in the defense budget due to the war.

Gafni Promotes Bill to Freeze Interest Rates on Mortgages

"When the Bank of Israel decides to raise the interest rate, the interest rate on mortgages rises and thus also the cost of living."

Angry UTJ Boss at Netanyahu: I’m Not your Marionette

Gafni demanded that Netanyahu resolve the Haredi yeshivas' funding issue as soon as possible, but he did not receive satisfying answers.

Israel Cancels Planned Tax Breaks for International NGOs in the PA

"This was an anti-humanitarian act against the people of Israel."

Knesset Finance Committee Approves $10 Million to Secure Settlements

Judea and Samaria municipalities ended the previous year with budget deficits due to unexpected spending on security.

Knesset Calling on Germany, Israel, to Raise Pensions of Survivors ‘Who Can’t Live in...

According to the Holocaust Survivors' Rights Authority at the Finance Ministry, some 6,200 Holocaust survivors who live in Israel receive pension payments from Germany.

Knesset Committee Approves Salary Hike for Netanyahu, Cabinet Ministers

The raises are expected to cost the Israeli taxpayer approximately NIS 2 million ($600 million) per year.

Netanyahu: It’s Up to Israelis to Nationalize JNF

Back in August 2014, The Marker reported that the board of directors of JNF decided to become separated from the State of Israel.

Habayit Hayehudi MK: Finance Minister Liquidating JNF in Election Stunt

"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.

Having Lost 1/3 of Its Value in 2 Days Teva Drags Down Tel Aviv...

This collapse comes in the wake of the world's biggest generic drugs maker attempt to dominate its market with a $40.5 billion acquisition of Allergan's generics business last year. It was a bad call.

Bank of Israel: Gemachim Need Not Report Up to $50 Million to IRS

The pressure applied by Knesset Finance Committee Chairman MK Moshe Gafni has worked, and The Bank of Israel has instructed the banks on granting exemptions to Gemachim from reporting to the US authorities to comply with the FATCA agreement.

Smotrich Bill Revokes Tax Exempt of NGOs Advocating IDF Soldiers’ Trials Abroad

'A normal state does not support and finance those who act against it'

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.

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.

Haredi MK Blocks Train Funding over Shabbat Works

Transport Ministry officials threatened that "if it turns out Gafni is operating out of political considerations we will view it seriously and act accordingly."

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.

Knesset Committee Approves $80 Million to Support New Immigrants

Some of the funds are designated for encouraging entrepreneurship among new immigrants from France, Belgium, and Ukraine.

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.

Knesset Committee Approves Submission to US IRS Tax Compliance Act

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.

Knesset Committee Slams Finance Minister on Fear of Fighting Monopolies

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."

Official: Water Crisis in Samaria Caused by Arabs Stealing 400 Million Gallons a Year

Meanwhile, on the Palestinian Authority side, the responsibility for the shortage is being placed squarely on Israel.

Haredi Party Spearheading Effort to Protect Israeli Religious Charities from US Tax Authorities

Using the US' enormous economic clout, FATCA bullies the world's financial institutions into reporting on their American clients to Uncle Sam.

20% Drop in Aliyah Numbers Blamed on Late Budget Allocations

"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."

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