The term of Professor Amir Yaron, the Chairman of the Bank of Israel, is set to expire in a month and Prime Minister Benjamin Netanyahu has not yet decided what to do next. Despite Netanyahu remaining silent on the issue, it is clear that he 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 end shortly. 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 publicly called on Netanyahu to announce Professor Yaron’s resignation for a full second term. Smotrich had previously expressed dissatisfaction with Yaron’s views on the impact of judicial reform on the country’s economy.