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ECONOMY

Inflation  credit: Tali Bogdanovsky Israel’s CPI rose 0.4% in March

Annual inflation has moderated but home prices continue to fall, the Central Bureau of Statistics reports.

Ministere of Finance Bezalel Smotrich credit: GPO Elad Zagman Israel's fiscal deficit narrowed sharply in March

Despite the war, the deficit fell, thanks to the tax revenues from the Google-Wiz deal.

Chemi Peres and Adam Singolda at Taboola's IPO  credit: Taboola Taboola lays off 5% of workforce

The Israeli advertising company is laying off about 100 of its 2,000 employees in Israel, New York and South America.

StarkWare CEO Eli Ben-Sasson credit: Nir Kantor Blockchain co StarkWare lays off 30% of workforce

The Israeli company is shifting emphasis from research and infrastructure to revenue-generating products.

Businesses closed during war with Iran  credit: Tali Bogdanovsky Treasury offers guaranteed loans for war-hit businesses

A special track will be opened in the fund for state-guaranteed loans for small and mid-sized businesses harmed by the war.

Sylvan Adams  credit: Reuters, USA Sipa/Radin Lev The philanthropist who would bring a million people to Israel

Sylvan Adams sees anti-Semitism pushing Jews to aliya, but says Israel needs to become more attractive as well. $200 million for the Negev says he's serious.

Shekel versus US dollar  credit: Shutterstock/Lord King Security events seen testing shekel's strength

Market experts weigh in on the prospects of the Israeli currency continuing to appreciate, and the impact on the micro and macro levels.

Tel Aviv  credit: Shutterstock Israel reopens amid uncertainty in north

Investor optimism should push up the TASE and strengthen the shekel as Ben Gurion airport resumes full operations, although foreign airlines will not return immediately.

Benjamin Netanyahu  credit: Noam Revkin-Fenton, Haaretz Netanyahu promised intervention but thousands will lose pay

The government's leave without pay compensation plan does not cover the first days of the war for the private sector.

Average wage in Israel credit: Shutterstock Rita Kapitulski Revised income tax brackets boost March salary

In March’s salary, many employees in Israel are receiving higher net pay.

Governor of the Bank of Israel Amir Yaron credit: Yossi Cohen BoI governor signals budget could delay interest rate cuts

Talking to "Globes", governor of the Bank of Israel Amir Yaron admits he had little influence on the 2026 budget and the widening fiscal deficit.

Avi Simhon and Benjamin Netanyahu credit: Kobi Gidon GPO Cabinet to discuss mortgage subsidies

The measure is fiercely opposed by senior Ministry of Finance officials and the Bank of Israel.

Bank of Israel Governor Prof. Amir Yaron credit: Jonathan Bloom Bank of Israel keeps rate unchanged, cuts growth forecast

The Bank of Israel has issued revised forecasts for GDP growth, the budget deficit and debt-to-GDP growth, based on the assumption that the war will end toward the end of April.

Shmuel Abramzon, Ministry of Finance chief economist  credit: Yossi Zamir Chief economist cuts growth forecast

The prolongation of the fighting has led to a more sober assessment of Operation Roaring Lion's economic conseqeunces.

Ilan Rom  credit: PR Treasury chief resigns after just one year

Ilan Rom's announcement came hours after the Knesset passed the 2026 budget. He is seen as candidate to head the National Security Council.

Knesset plenum  credit: Knesset Spokesperson/Noam Moskowitz Gov't springs surprise NIS 800m addition for haredi education

In the Knesset budget debate, confused opposition members voted in favor of the move. The NIS 699 billion 2026 budget was passed.

Knesset plenum credit: Knesset Spokesperson Noam Moskovitch Coalition postpones Knesset vote on 2026 budget

MKs will vote on the second and third readings of the 2026 Budget Law just 48 hours before the deadline for the government to approve the budget, with failure to meet the deadline meaning that the Knesset will dissolve and there will be early elections.

IDF army reservists credit: IDF Spokesperson Young reservists in no rush to find civilian jobs

An average of 30,000 Israelis served in the IDF reserves at any given time last year, cutting GDP, tightening the job market, and fueling inflation, the Bank of Israel reports.

Minister of Finance Bezalel Smotrich  credit: Noam Moskowitz, Knesset Spokesperson's Office Knesset passes first reading of Unpaid Leave Law

The legislation, however, contains prominent differences between what is given to the public and private sectors.

Gap between rich and poor credit: Shutterstock Study: Gap between rich and poor in Israel widening

A new study by the Shoresh Institute for Socioeconomic Research indicates that the gaps in basic consumption - mainly food, housing, and transportation - have remained deep in recent decades and have even widened in some cases.

Knesset Finance Committee credit: Noam Moskovich, Knesset Spokesperson Knesset Finance C’ttee passes 2026 budget

The budget must now be approved by the plenum in its second and third readings by the end of the month, otherwise the Knesset will be automatically dissolved.

Minister of Finance Bezalel Smotrich  credit: Noam Moskowitz, Knesset Spokesperson's Office Treasury extends unpaid leave benefit period

Because of the uncertainty over when Operation Roaring Lion will end, employees placed on unpaid leave up to the end of April will still be entitled to unemployment benefit.

Happiness credit: Shutterstock Despite war Israel remains high in Happiness Index

Israelis are ranked eighth in the World Happiness Index, despite the ongoing war and missile attacks of recent years, according to the latest report conducted by Gallup.

Philanthropy credit: Shutterstock Keshet reports record year for philanthropy in Israel

The report reflects a record year in the number of deposits in the fund, totaling NIS 420 million, and a surge in total grants distributed by philanthropists through the platform, totaling NIS 275 million.

Minister of Finance Bezalel Smotrich  credit: Noam Moskowitz, Knesset Spokesperson's Office Banks agree to pay Treasury NIS 3b

Israel’s banks have agreed a compromise that will see Minister of Finance Bezalel Smotrich abandon legislation for a tax on excess bank profits.

Minister of Finance Bezalel Smotrich  credit: Noam Moskowitz, Knesset Spokesperson's Office Knesset about to pass budget already seen as irrelevant

In the event of an extensive ground operation in Lebanon, the legislative process will start all over again, with revised deficit and growth forecasts.

More Israelis renting  credit: Shutterstock Owner-occupancy declines as more Israelis rent

The proportion of Israeli households in rented accommodation has risen annually since 2013, to 29.6%.

Air freight  credit: Shutterstock War triggers steep rise in air freight prices

Prices on some routes are up 82%, because of the higher cost of jet fuel and disruption at hubs in the Gulf.

Israel's air defenses in action   credit: Ministry of Defense How much is the war costing?

Each day of fighting costs an estimated NIS 1.5 billion in military expenditure, even before the direct and indirect civilian costs are taken into account.

Inflation credit: Shutterstock February CPI reading lifts inflation

The Consumer Price Index for last month rose more than expected. Home prices have begun falling again, the Central Bureau of Statistics reports.

Governor of the Bank of Israel Amir Yaron credit: Yossi Cohen Bank of Israel slams amended gov’t budget

The Bank of Israel is concerned that the fiscal deficit and debt-GDP ratios are being raised and suggests cutting coalition funds and tax incentives.

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