Compliance
authorization to commit
Ministry of Finance approval to commit future budget.
Definition
A Ministry of Finance approval permitting commitments against future budget appropriations up to a stated ceiling (here, up to NIS 500 million for 2023–2026), enabling implementing bodies to enter funding commitments within the authorized multi‑year envelope.
Related Terms
Bond Authorization
Legislative approval for the state to issue bonds to borrow money for specific capital projects or programs....
National AI Program
Coordinated national package of AI investments and initiatives....
implementing body
Designated authority responsible for execution....
responsible entity
Public authority or institution charged with delivering a measure....
funds
Financial resources managed under statutory rules....