Governor Karnit Flug says tax windfall should be used to boost government’s low levels of education, infrastructure spending.
With early elections in the air, Netanyahu and Finance Minister Kahlon issued a plan for cutting taxes. But their dispute over Israel's new public broadcaster put their promise on the back burner.
A strong shekel is of particular concern to Israeli exporters, who are faced with earning less, in shekel terms, for what they sell abroad.
Agreement to bring in thousands of Chinese building workers also signed on second day of Israeli prime minister's visit.
Overall inflation unchanged in February, statistics bureau says
Foresight soars after Mobileye-Intel deal; Welfare minster cited by Securities Authority lawyer for possible ethics violations; Assets grow 3.6% in 2016; Tel Aviv shares end lower as bank rally stalls.
Treasury sources say the measures will include lower personal and corporate tax rates and a reduction in VAT.
Budget figures increase likelihood finance minister will act on promised tax cuts.
Trade deficit narrowed but foreign direct investment rose.
The percentage of older people working increased significantly over the past 10 years because the retirement age has been gradually increased.
To commemorate Family Day, the Central Bureau of Statistics released a statistical portrait of the Israeli family.
Study shows Israeli household incomes, spending rose fastest among bottom 50%
Unexpectedly strong figure, which nears Chinese growth rate, causes shekel to strengthen against the dollar.
In a generally laudatory report on Israel’s economy, the agency warns about budget deficits.
Cabinet votes to restore authority to the interior minister to make a decision after years of waffling on the issue.
Ometz good government organization says it's 'insolent and outrageous' for the state to finance the personal needs of the prime minister's family.
Debt was 62.1% of GDP in 2016, capping 11 percentage point decline since 2007.
Powwows with prime minister and finance minister occurred less than once a month during the year through October 2016, records show.
With economy and wages buoyant, lower prices helped spark a consumer spending boom last year.
Program aims to close shortfall of engineers and other high-tech professionals by expanding educational courses, recruiting experts from overseas.
Imports climbed amid surge in consumer spending and investment in capital goods.
Big issue marks first time Israel taps European market in three years.
Deficit reduction comes despite surge in spending in December, says treasury.
'I have no doubt that the many actions we are taking to increase supply and to rein in demand will in the end influence the entire housing market,' says Kahlon.
The figures are particularly concerning since industrial production had been a major source of economic growth in the past.
Rehovot residents had the highest household income and manage to save over $1,500 a month. At the other end — Bat Yam.
A Knesset committee approves the historic reform after four months of negotiations with the movement.
Ministers approve $311.7 million in reductions after vote is scheduled at eleventh hour.
Opposition legislator Shelly Yacimovich says the across-the-board move would ‘make a mockery of any socially minded achievements.’
Sales of new properties fell 8.7% in first 10 months of 2016, statistics bureau says.