Israel’s fiscal surplus in July 2022 was NIS 2.6 billion, resulting in a cumulative surplus of NIS 9.7 billion for the year. It is the first annual surplus since 2007, resulting from reduced Covid-19 expenditure and higher tax revenue from increased economic activity.

https://en.globes.co.il/en/article-israels-fiscal-surplus-climbs-to-06-1001420787