Government

The Bennett-Lapid government has come to an end. The announcement by Prime Minister Naftali Bennett and Yair Lapid that they had decided to advance the election put the political system in a spin. The bill to dissolve the Knesset will go to a preliminary reading next week. It will then be submitted for preparation to one of the Knesset committees in preparation for the vote in the second and third readings. The Knesset has the option of advancing the vote to final approval within a day or at most a week, and this also depends on agreements on the election date

The government is expected to approve a plan by the Ministries of Science, Energy and Environmental Protection to promote climate technologies, even though Prime Minister Naftali Bennett has already decided to dissolve the Knesset. The scope of the program, which is based on team recommendations between ministries to promote technological innovation in the field of climate, is NIS 3 billion - and it will be submitted to the government for approval on Sunday. The budget of the program comes from the budgets of the offices involved. The work of the headquarters is an initiative of the...

Kindergarten children and elementary school students will arrive at the educational institutions in the last two days of the school year: The Teachers' Union announced today (Tuesday) - in the midst of the strike - that in the next two days of the year for kindergarten and elementary school students, studies will take place. They noted that the reason for this is the announcement by Finance Minister Avigdor Lieberman that there is no legal restriction on reaching a new wage agreement with teaching staff

The IAI Board of Directors (IAI) approved a huge dividend of NIS 655 million for the country - the highest in the company's history. It should be noted that the dividend is distributed from the balance of the company's dividend payable, which stands at $ 398 million - approximately NIS 1.4 billion. In 2019, IAI distributed a dividend of NIS 140 million, and since then it has improved its results.

The emergency discussion on the issue of raising the price of bread ended without decisions. At the beginning of the debate, which took place on Sunday at the initiative of Prime Minister Yair Lapid, he announced that the purpose of the debate is "a complete halt to the rise in the price of uniform bread." During the discussion, a number of economic and legislative proposals were raised on how to reach agreements. Prime Minister Lapid ordered the head of the budget department in the Ministry of Finance to return within three days for another discussion, with the formulation of the best way...

Interior Minister Ayelet Shaked announced on Thursday that she intends to restrict the work of Ukrainian refugees in 17 cities across the country starting August 1. This restriction is in accordance with the new procedure of the Population Authority regarding the employment of asylum seekers, which was published in Haaretz a month ago. Shaked's announcement comes against the background of the High Court's decision to allow the entry of Ukrainian citizens

The accumulated surplus in the last 12 months in the state budget reached 10 billion shekels in July, and the rate of surplus in the state budget in relation to the GDP reached 0.6% of the domestic GDP - this was announced by the Economic Accountant Division of the Ministry of Finance. The surplus in the budget, for the second month in a row, is due to an increase of more than 20% in the state's revenues from the beginning of the year, compared to the corresponding period in 2021, to NIS 280 billion. The chief economist at the Ministry of Finance recently re-evaluated the state's revenue...

The unemployment rate in Israel increased slightly in July, but it is still low: from the data published by the Central Bureau of Statistics (CBS), it appears that the narrow unemployment rate increased in July to 3.7%, which is 159.5 thousand people, compared to a rate of 3.4% measured in June, which is 146.5 A thousand job seekers. Meanwhile, the employment rate also decreased, from 61.2% in the previous month to 60.9%, which is 4,195,800 employed. However, the number of unemployed and the unemployment rate are still lower than on the eve of the Corona crisis at the beginning of 2020

Less than two weeks before the start of school, negotiations between the Ministry of Education and the Teachers' Union, which represents elementary and middle school teachers, are still stuck. Both sides are intensifying the tone towards September 1, and the pressure in the corridors of government is increasing in an attempt to prevent a strike - certainly during an election period. Now the Ministry of Finance presents another offer for teachers, the third in number. In the core controversial issues—mainly the starting salary of teachers—the Treasury did not improve its proposal. The...

The Cyber, Emergency and Security Unit and the Chief Economist Division at the Ministry of Finance continue to strengthen the long-standing relationship and cooperation with the US. Further to the meeting of Finance Minister Lieberman with the US Deputy Treasury Secretary, Wally Adeyemo, in November 2021, in which they discussed the need to strengthen the resilience of systems, organizations financial and deepening cooperation on the subject, today (Tuesday) a cooperation agreement (MOU) in the cyber-financial field was signed between the ministries of finance of Israel and the USA. On the...