New Year

Israel to face an Expensive 2025: Financial hits to face Israelis on January 1

As the clock strikes midnight on Tuesday, January 1, 2025, Israel will not only welcome the new year but also a wave of financial burdens that will impact the pockets of its citizens. Many households, already facing financial strain, will see a series of tax hikes, price increases, and utility cost rises that will leave them with less disposable income.