As the term of Bank of Israel Chairman Professor Amir Yaron nears its end, Prime Minister Benjamin Netanyahu has yet to decide on his successor. Despite not commenting publicly on the issue, it is clear that Netanyahu wants someone else in the role.
In light of the ongoing conflict, the government made the decision to extend the terms of office of most heads of government agencies whose terms were due to expire in the near future. 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 stance on judicial reform’s impact on the country’s economy, called on Netanyahu to announce Yaron’s resignation for a full second term.