The Israeli Declaration of Independence, formally the Declaration of the Establishment of the State of Israel (הכרזה על הקמת מדינת ישראל), was proclaimed on 14 May 1948 (5 Iyar 5708) by David Ben-Gurion, the Executive Head of the World Zionist Organization, Chairman of the Jewish Agency for Palestine, and soon to be first Prime Minister of Israel. It declared the establishment of a Jewish state in Eretz-Israel, to be known as the State of Israel, which would come into effect on termination of the British Mandate at midnight that day. The event is celebrated annually in Israel as Independence Day, a national holiday on 5 Iyar of every year according to the Hebrew calendar.
The possibility of a Jewish homeland in Palestine had been a goal of Zionist organizations since the late 19th century. In 1917 British Foreign Secretary Arthur Balfour stated in a letter to British Jewish community leader Walter, Lord Rothschild that:
His Majesty's government vi