Jerusalem, 28 January, 2026 (TPS-IL) — The Bank of Israel today, Wednesday, published the main points of its work plan and the Budget for its administrative activity for 2026. The Bank of Israel’s Supervisory Council discussed the Bank’s annual work plan, approved the Bank’s annual Budget for administrative activity, and submitted the budget to the Knesset Finance Committee, as required by the Bank of Israel Law.

The Bank’s work plan and budget for 2026 incorporate measures to achieve the Bank’s strategic targets alongside steps to provide a response to the unique challenges facing the Israeli economy, in accordance with developments, changes, and risks in the global and Israeli economies. The work plan includes broad activity in many areas, in accordance with the Bank’s statutory functions, as listed below.

Conducting monetary policy;
Strengthening and managing the country’s foreign currency reserves;
Supporting the proper functioning of the foreign exchange market in Israel;
Serving as banker of the government;
Regulating the payment and settlement systems in the economy, with the aim of ensuring their efficiency and stability;
Issuing currency, and regulating and directing the cash system in the economy;
Supervising and regulating the banking system;
Establishing and managing the Credit Data Register and supervising and regulating the credit data system;
Managing the assets of the Citizens of Israel Fund (the fund managing the State’s revenue from the impost on profits from natural gas and oil).

All of these are in addition to the Governor serving as Economic Advisor to the Government, including with regard to reducing social gaps and inequality in income distribution in society.

Gil Tanenbaum

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