As the term of Chairman of the Bank of Israel, Professor Amir Yaron, comes to an end in a month, Prime Minister Benjamin Netanyahu has yet to decide on his successor. Although Netanyahu himself has remained silent on the issue, the fact that Yaron was not offered a second term indicates that the head of government wants someone else in this position.
In light of the ongoing conflict, the government recently agreed to extend the terms of office of most heads of government agencies whose terms were due to expire soon. However, Professor Yaron made it clear that he was not interested in a short-term extension of his first term.
On Sunday, November 19th, Finance Minister Bezalel Smotrich, who had previously expressed dissatisfaction with Yaron’s views on judicial reform and its impact on the country’s economy, called on Netanyahu to announce Yaron’s resignation for a full second term.