Finance Ministry

Incoming Israel Securities Authority chairman Yosef (Seffy) Zinger. (Courtesy)

Intel Corp.'s R&D center in Haifa. (Courtesy)

Intel to invest ‘unprecedented’ $25 billion in chip manufacturing plant in Israel

June 18, 2023, 4:36 pm

Intel to invest ‘unprecedented’ $25 billion in chip manufacturing plant in Israel

Netanyahu hails investment as largest ever by a global private company in the country; Kiryat Gat plant to hire thousands

By Sharon Wrobel

June 12, 2023, 5:51 pm

Seffy Zinger to be appointed head of Israel securities watchdog

Finance minister selects Zinger, a partner at law firm Herzog Fox & Neeman, as chairman of the Israel Securities Authority, subject to approval

By Sharon Wrobel

File: Prime Minister Benjamin Netanyahu (right) with Communications Minister Shlomo Karhi at the plenum hall of the Knesset, in Jerusalem, on May 1, 2023. (Yonatan Sindel/Flash90)

June 5, 2023, 1:49 pm

Likud minister slams ‘out of touch, elitist’ Smotrich over soaring cost of living

In scathing broadside, Netanyahu ally Shlomo Karhi pans government’s daycare subsidies for working parents as only benefiting rich people, says he’s lost faith in finance minister

By ToI Staff

Students at Hebrew University's Mount Scopus campus on the first day of the school year, October 23, 2022. (Olivier Fitoussi/Flash90)

June 5, 2023, 9:11 am

University staff end 2-week strike after wage deal reached with Finance Ministry

New collective deal, achieved after 18 months of talks, includes salary hike, ‘promotion of excellence in research,’ and consensus to keep system ‘stable’ until at least 2027

By ToI Staff

MK Ofir Katz leads a meeting in the Knesset in Jerusalem, on February 14, 2023. (Yonatan Sindel/Flash90)

May 28, 2023, 9:31 am

Coalition seeking to amend Arnona Fund to benefit Likud strongholds – report

New version of the controversial law, initiated by coalition whip MK Ofir Katz, would have certain cities receive from the fund instead of paying millions into it

By ToI Staff

Housing and Construction Minister Yitzhak Goldknopf arrives for a meeting at the Prime Minister's Office in Jerusalem on May 7, 2023. (Yonatan Sindel/Flash90)

May 21, 2023, 3:50 am

Coalition tensions escalate amid Haredi demands for more funds ahead of budget vote

UTJ head reportedly threatens to thwart passage of budget — without which government will fall — unless Netanyahu government okays NIS 600 million ($164 million) more by Sunday

By ToI Staff

File: Noam chair Avi Maoz speaks during a function at the Knesset, in Jerusalem, on March 20, 2023. (Erik Marmor/Flash90)

May 19, 2023, 7:25 pm

Far-right MK threatens to vote against budget if ‘Jewish identity’ unit not formed

Avi Maoz says ruling bloc will be down a member if cabinet doesn’t discuss allocating $90 million for new department that Netanyahu promised him

By ToI Staff

FILE: Israeli model and TV host Galit Gutman hosts the "Israel Calling" concert in Tel Aviv's Rabin square on April 10, 2018, (Miriam Alster/Flash90)

May 19, 2023, 6:11 pm

TV host slammed for calling Haredim ‘bloodsuckers’ during panel on state budget

Galit Gutman issues apology after facing widespread criticism for accusing right-religious coalition of ‘simply milking its citizens’

By ToI Staff

Likud party chairman Benjamin Netanyahu, right, shakes hands with United Torah Judaism party leader Yitzhak Goldknopf in the Knesset plenum in Jerusalem on November 21, 2022. (Yonatan Sindel/Flash90)

May 18, 2023, 11:48 pm

Dueling ministers said threatening to quit government over budget demands

Finance Minister Smotrich denies report he’s warning he’ll resign if Haredi parties’ demands for further funds are met

By ToI Staff

A bulldozer carries sand from the sea during construction of a hotel on the beachfront in Bat Yam on the central coast, March 14, 2011. (Nicky Kelvin/Flash 90)

May 8, 2023, 11:09 pm

Health expert: Government move to sidestep clean air law is a ‘license to kill’

Head of public health association warns that Finance Ministry bid to weaken oversight to speed up building of big infrastructure projects would cause ‘irreversible harm’

By Sue Surkes

Finance Minister Bezalel Smotrich presents economic and budget plans for 2023-2024, February 28, 2023. (Courtesy)

May 8, 2023, 7:37 pm

Israel’s fiscal deficit widens to 0.3% of GDP in April; tax income continues to drop

Figures show government revenue from real estate taxation slumped 49%; Smotrich says collection goals in first four months of the year have been met

By Sharon Wrobel

Illustration of an empty classroom in a school in Mevaseret Zion, August 27, 2019. (Yonatan Sindel/Flash90)

April 29, 2023, 11:02 pm

Labor court halts Sunday’s planned high school teachers’ strike

Court rules short notice and method of announcing walkout for grades 10-11 over low wages is unlawful

By ToI Staff

Illustrative: View of an empty school at in Tel Aviv following a strike of the Teachers Union, on June 19, 2022. (Avshalom Sassoni/Flash90)

April 28, 2023, 6:12 pm

High school teachers call Sunday strike to protest for higher wages

Education Ministry says it’ll ask labor court to block cancellation of classes for 10th and 11th graders, accuses union of harming students

By ToI Staff

Students at Hebrew University on the first day of the academic year on October 23, 2022. (Olivier Fitoussi/FLASH90)

April 27, 2023, 11:36 am

University staffs call strike over pay dispute with institutions, Finance Ministry

Senior faculty declare ‘warning’ action, saying they see effective wage cut from inflation, economic uncertainty; say other side ‘dragging feet’

By ToI Staff

Teachers from the Teachers Union protest over low salaries, in Tel Aviv, May 25, 2022. (Yossi Aloni/Flash90)

April 24, 2023, 8:58 pm

Labor court orders teachers to release test grades held hostage in wage fight

Education Ministry agrees not to use results until a subsequent agreement is reached over salary dispute; union slams proposal to raise salaries to NIS 10,000 a month

By ToI Staff