Israeli Parliament Speaker Cuts Budget by NIS 50 Million to Support Economy

Knesset Speaker Amir Ohana has announced a further reduction of NIS 50 million from the Israeli parliament's budget, directing the funds to the national treasury to bolster the country's economy. This latest measure, which will be presented for approval by the Joint Committee on the Knesset Budget, will not impede the Knesset's essential daily operations. Ohana informed Finance Minister Bezalel Smotrich of this initiative. Since the commencement of the 25th Knesset, Ohana has implemented significant budget cuts, totaling NIS 376 million. Previous reductions include NIS 80 million in November 2023, NIS 121 million in January 2024, and NIS 125 million in October 2025, the latter designated to support the war effort. Ohana stated that his policy from the outset has been to minimize public spending while ensuring the effective execution of the Knesset's work plans. "Even in this final stretch, the Knesset, as a public institution, treats taxpayers' money with the utmost care and is returning it to the state treasury so it can be used for the benefit of the citizens of Israel," Ohana said. This move reflects a commitment to fiscal responsibility and prioritizing national economic needs.

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From my first day in office, my policy has been to reduce the use of public funds while ensuring the maximum implementation of the work plans required for the operation and development of the Knesset.