The financial deficit of Israel within the twelve months until the end of April 2025, for the seventh month in a row, has narrowed to 5.1 % of GDP, or 104.7 billion New Ni During the twelve months until the end of March 2025, the financial deficit was 5.2 %.
April was the first month in which the new 2025 budget was approved, after government ministries forced in the first three months to adapt spending with the budget restrictions 2024. The budget age allowed ministries to implement the expenditures that were postponed, which weighs alongside spending from the financial deficit equation.
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The Ministry of Finance estimates that the deficit will continue in distress until the last quarter of 2024, during which it will climb again and settle around the planned deficit of 4.9 % specified in the state budget for 2025. However, a scenario for a return to extreme fighting and length in Gaza will change predictions. In such a case, defensive spending will rise above what has been planned in the budget, and the flow of state tax revenues may slow as a result of economic consequences to mobilize hundreds of thousands of reserve soldiers.
The strongest revenue flow to state treasures was recorded in the first two months of 2025. January destroyed the record ever with 63 billion NIS paid to the Ministry of Finance. This is due to the public to provide financial transactions and operations until the end of 2024, in order to avoid tax increases for the 2025 budget.
It was published by Globes, Israel Business News – En.globes.co.il – on May 12, 2025.
© Copy Publish Publisher Itonut (1983) Ltd. , 2025.
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