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Tag: Budget

Hamas war takes toll on Israeli economy as Israel delays 2025 budget

October 10, 2024October 10, 2024David Rutman

The government will debate a proposal for the 2025 budget on October 31, a spokesperson for Finance Minister Bezalel Smotrich, said earlier this week. This delay could mean that the budget is not passed by the end of 2024, the spokesperson added. The October discussion is later than intended, as Smotrich previously said he intended […]

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Economist explains the real reason Israel’s credit rating dropped

February 13, 2024February 13, 2024David Rutman

Prof. Yaron Zelekha, head of the School of Accounting, Economics, and Financial Management at Kiryat Ono Academic Campus, addressed the credit rating downgrade of Israel by Moody’s during an interview Sunday on 103FM. “A door to a wave of credit rating downgrades has opened here, both for other rating agencies and for Moody’s itself. The […]

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Israel allocates hundreds of millions to preserve open spaces

December 29, 2023December 29, 2023David Rutman

The Israel Land Authority has announced the allocation of NIS 400 million ($110 m.) from this year’s budget to support approximately 110 environmental and ecological projects, making them accessible to the public. The decision was confirmed during a meeting of the Fund for the Preservation of Open Areas, chaired by Yaakov Quint, director of the […]

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