Netanyahu Urged to Renew Bank of Israel Governor’s Term by Smotrich

Finance Minister Bezalel Smotrich has called on Prime Minister Benjamin Netanyahu to announce the resignation of Bank of Israel Chairman Professor Amir Yaron for a full second term. Despite the fact that Netanyahu himself has not yet spoken out on this issue, it is clear that he wants to see someone else in the post.

A month before the end of his term, Professor Yaron was not offered a second term by Netanyahu, indicating that the head of government wanted to see someone else in this position. The outbreak of war led to an agreement among government officials 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.

Smotrich’s call for Yaron’s resignation comes at a time when tensions between the Bank of Israel and the government are high over issues such as judicial reform and its impact on the country’s economy. Smotrich has repeatedly expressed dissatisfaction with Yaron’s position on these matters, and his call for his resignation is seen as an attempt to put pressure on Netanyahu to remove him from office.