More than a third of Israeli households spend ... - The Times of Israel
4 days ago · The latest Bank of Israel data released this week showed that Israeli banks charged households with accounts in overdrafts a steep 12.7% interest on average in November 2024, …
Israel seizes billions in Palestinian funds in shock debt maneuver
Jan 12, 2025 · Israel's Finance Ministry has successfully cleared a decade-old 1.1 billion shekel electricity debt owed by the Palestinian Authority while simultaneously. ... 1.1 billion shekels …
Israel, PA ink deal to release $500 million in withheld Palestinian …
6 days ago · Funds will be used to pay off debt to Israel Electric Corporation; both sides declare victory after agreeing to mechanism that US hopes can be used for release of additional money
Israel seizing $310m from PA to settle 15-year debt - JNS.org
6 days ago · Smotrich informed the Cabinet on Sunday that the outstanding payments, which include 1.1 billion shekels ($310 million) owed to the Israel Electric Corporation, as well as …
Israel faces a looming financial crisis if it fails to act, former ...
Sep 8, 2024 · Israel needs to act vigorously and with immediate action to formulate a responsible 2025 budget to stave off the risk of a looming financial crisis, that could drag its war-battered …
Israel 2025 budget deficit could breach target and hit 5% of GDP ...
6 days ago · Israel's budget deficit could near 5% of gross domestic product in 2025, above the government's target but below last year's 6.9% and a level that could boost its credit rating …
The West Bank has so much cash its lenders are worried
Jul 29, 2024 · “It’s a problem,” one Palestinian official said of the pile, which is predicted to reach Shk8bn by the year-end, a figure equivalent to more than 15 per cent of the West Bank’s …
Approaching the end of cash in Israel? - JNS.org
Oct 11, 2024 · Money changers began reporting a shortage of dollars due to the panic that ensued. The Postal Bank recorded a three-fold increase in currency conversions. The Bank of …
Israel’s borrowing spree reaches Palm Beach as US municipalities pile …
May 27, 2024 · The country’s regular local currency borrowings, meanwhile, amounted to 12.25bn shekels ($3.3bn) of scheduled sales in May. But Israel bonds have expanded as a share of …
Why are the US and Israel drowning in debt? - The ... - The Jerusalem Post
Jun 16, 2023 · Israel’s debt crisis. On the face of it, overall, Israel is not drowning in debt. In 2022, a windfall of tax revenues brought the first government budget surplus in 35 years.