As the term of Professor Amir Yaron, the Chairman of the Bank of Israel, comes to an end in a month, Prime Minister Benjamin Netanyahu has not yet decided what to do next. Although Netanyahu has remained silent on the issue, the fact that Yaron was not offered a second term indicates that the head of government wanted someone else in this position.
In light of the ongoing war, 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.