The Bank of Israel’s President, Professor Amir Yaron, has only a month left in his mandate and Prime Minister Benjamin Netanyahu has not yet decided what to do next. Despite not commenting on the issue himself, the fact that Yaron was not offered a second term indicates that Netanyahu wanted someone else in this position.
With the outbreak of war, the government agreed to extend the mandates of most heads of state bodies whose mandates were due to expire soon. However, Professor Jaron 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 stance regarding the impact of judicial reform on the country’s economy, called on Netanyahu to announce Yaron’s resignation for a full second appointment.