Ministry of Finance (Israel)

Ministry of Finance
Israel
משרד האוצר

Ministry of Finance Headquarters
Agency overview
Formed 1948
Jurisdiction Government of Israel
Headquarters Finance Ministry Building, Jerusalem
31°46′39.72″N 35°12′9.72″E / 31.7777000°N 35.2027000°E / 31.7777000; 35.2027000Coordinates: 31°46′39.72″N 35°12′9.72″E / 31.7777000°N 35.2027000°E / 31.7777000; 35.2027000
Annual budget 1.96 billion NIS[1]
Ministers responsible
Website www.financeisrael.mof.gov.il

The Israeli Ministry of Finance (Hebrew: מִשְׂרַד הַאוֹצָר, Misrad HaOtzar) is a part of the Israeli political system. It is responsible for planning and implementing the Government of Israel’s overall economic policy.

The Ministry prepares the draft State Budget and monitors implementation of the approved budget, manages state revenues and collects direct and indirect taxes, manages the deficit and conducts the Government’s economic relations with foreign governments, regulates the capital market, savings and insurance and maintains auxiliary units for government ministries in motor vehicles, computer services, printing and government procurement.[2]

The current Finance Minister is Moshe Kahlon.

Main functions

The units of the Ministry of Finance may be categorized by the three types of service they provide:

List of ministers

# Minister Party Government Term start Term end Notes
1Eliezer KaplanMapaiP, 1, 2, 314 May 194825 June 1952Died in office
2Levi EshkolMapai3, 4, 5, 6, 7, 8, 9, 1025 June 195226 June 1963
3Pinchas SapirMapai
Alignment
Labor Party
11, 12, 1326 June 19635 August 1968
4Ze'ev SherfAlignment13, 145 August 196815 December 1969
Pinchas SapirAlignment15, 1615 December 19693 June 1974
5Yehoshua RabinovitzAlignment173 June 197420 June 1977
6Simha ErlichLikud1820 June 19777 November 1979
7Yigal HurvitzLikud187 November 197913 January 1981
8Yoram AridorLikud18, 19, 2021 January 198115 October 1983
9Yigal Cohen-OrgadLikud2018 October 198313 September 1984
10Yitzhak Moda'iLikud2113 September 198416 April 1986
11Moshe NissimLikud21, 2216 April 198622 December 1988
12Shimon PeresAlignment2322 December 198815 March 1990
13Yitzhak ShamirLikud2315 March 199011 June 1990Serving Prime Minister
Yitzhak Moda'iNew Liberal Party2411 June 199013 July 1992
14Avraham ShochatLabor Party25, 2613 July 199218 June 1996
15Dan MeridorLikud2718 June 199620 June 1997
16Benjamin NetanyahuLikud2720 June 19979 July 1997Serving Prime Minister
17Yaakov NeemanLikud279 July 199718 December 1998
Benjamin NetanyahuLikud2718 December 199823 February 1999Serving Prime Minister
18Meir SheetritLikud2723 February 19996 July 1999
Avraham ShochatOne Israel286 July 19997 March 2001
19Silvan ShalomLikud297 March 200128 February 2003
Benjamin NetanyahuLikud3028 February 20039 August 2005
20Ehud OlmertLikud
Kadima
309 August 20057 November 2005
21Avraham HirschsonKadima314 May 200622 April 2007
Ehud OlmertKadima3122 April 20074 July 2007Serving Prime Minister
22Roni Bar-OnKadima314 July 200731 March 2009
23Yuval SteinitzLikud3231 March 200918 March 2013
24Yair LapidYesh Atid3318 March 20132 December 2014
Benjamin NetanyahuLikud332 December 201414 May 2015Serving Prime Minister
25Moshe KahlonKulanu3414 May 2015

Deputy ministers

# Minister Party Government Term start Term end
1Yitzhak CorenMapai10 30 May 196226 June 1963
2Zvi DinsteinAlignment
Labor Party
Alignment
13, 1424 July 196715 December 1969
Zvi DinsteinAlignment1522 December 196910 March 1974
3Yehezkel FlominLikud1828 June 197730 July 1979
4Haim KaufmanLikud19, 2028 August 198113 September 1984
5Adiel AmoraiAlignment21, 22 24 September 198422 December 1988
6Yossi BeilinAlignment2326 December 198811 June 1990
7Yosef AzranShas242 July 199013 July 1992
8Rafael PinhasiShas254 August 199231 December 1992
9David MagenLikud2718 June 199620 May 1997
10Nissim DahanShas285 August 199911 July 2000
11Yitzhak CohenShas292 May 200120 May 2002
Yitzhak CohenShas293 June 200228 February 2003
Yitzhak CohenShas321 April 200918 March 2013
12Mickey LevyYesh Atid3318 March 20134 December 2014
Yitzhak CohenShas3419 May 2015

See also

References

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