Smotrich Calls on Netanyahu to Renew Bank of Israel Chief’s Term for Another Four Years

As the term of Israel’s central bank chief, Professor Amir Yaron, comes to an end in a month, Prime Minister Benjamin Netanyahu has yet to decide what to do next. While the prime minister himself has remained silent on the issue, it is clear that he wants someone else in this position.

Despite efforts by the government to extend the terms of office of other government heads whose terms were due to expire in the near future, Professor Yaron made it clear that he was not interested in a short-term extension of his first term.

Finance Minister Bezalel Smotrich, who has previously expressed dissatisfaction with Yaron’s stance on judicial reform and its impact on the country’s economy, called on Netanyahu to announce the resignation of the Bank of Israel head for a full second term on Sunday, November 19th.