The Israeli Declaration of Independence (Hebrew: הכרזת העצמאות, Hakhrazat HaAtzma'ut or Hebrew: מגילת העצמאות Megilat HaAtzma'ut), formally the Declaration of the Establishment of the State of Israel, was proclaimed on 14 May 1948 (5 Iyar 5708) by David Ben-Gurion, the Executive Head of the World Zionist Organization and the chairman of the Jewish Agency for Palestine. 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 with a national holiday Yom Ha'atzmaut (Hebrew: יום העצמאות, lit. Independence Day) 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. The British Foreign Secretary stated in the Balfour Declaration of 1917: