Tag: Ministry of Finance

The Ministry of Finance blamed October's deficit on a delay in the payment of taxes due to the recent Jewish holiday season.

Businesses that prove annual revenue losses of at least 35% in January-February 2022 compared to the same months in 2019 will be eligible to receive up to $185,000.

In the coming days, the Ministry of Finance will hold a macro discussion to determine the budget goals.

The various credit rating agencies have been sending nervous signals over the past few months, especially in light of the Israeli government's failure to produce a budget.

“The public is in desperate need of reform and financial aid” regardless of politics, says Finance Minister Israel Katz • Coalition deal sets Aug. 15 deadline for the passing of a biennial budget.

This will significantly reduce the financial burden of their parents and reduce gaps in Israeli society.

Israel’s Treasury issued $2 billion worth of 30-year bonds at 3.375%, or 115 basis points more than comparable US Treasury bonds, and an additional $1 billion worth of 10-year bonds at 2.5%, or 68 basis points above the US Treasury’s rates.

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

If the proposed measures are left intact, it is expected the VAT exemption will become a thing of the past by next April (2020).

Hey, maybe they could send Shin Bet agents to rob tourists' of their cash, watches and jewelry, that could bring down that deficit real good.

Intel's management has been playing coy about the deal, claiming the deal is still open and the plant could be based in Ireland, the US or Israel.

"The current inflation target, within which the Bank of Israel operates, is a range of 1–3 percent per year."

The Rabbinical Council concluded its statement with a last-ditch effort to eliminate much of its decision, insisting that it "views the operation of the kashrut system by the religious councils as the correct alternative."

It took the market a little more than a year to figure where Kahlon was headed and since the third quarter of 2016 there has been a 40% free fall in building starts in Israel.

"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.”

In December 2017, the number of homes sold (8,800) was down 20 percent from the same month a year earlier, the Chief Economist reported.

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

"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.

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

“All this would of course have remained under the sea if various opponents were successful,” Netanyahu said. “But they failed."

'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.'

To date, Israel's record has been abysmal on developing renewable energies rapidly and extensively.

'Unfortunately, an international bid has been announced for the Amos-8 satellite that will replace it, and an international company is likely to win, bringing an end to Israel's satellite communications capabilities."

MK Eichler to JewishPress.com: The genealogical list will only be there for those who want to know whom they are marrying and who is Jewish according to Jewish law. Let them check the list. It is a FREE COUNTRY (sic) with free information and free choice.

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.

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.

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.

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

According to the union, the Shabbat protocol will permit landings of already scheduled flights from abroad, but no takeoffs.

The Likud could reach agreements with most of its potential coalition partners by next week.