Prime Minister Benjamin Netanyahu has not yet decided what to do next with the outgoing Chairman of the Bank of Israel, Professor Amir Yaron. Despite remaining silent on the issue himself, the fact that Yaron was not offered a second term suggests that Netanyahu wanted someone else in this role.
Following the outbreak of war, the government agreed to extend the terms of most heads of government agencies, including those 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 19, 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 stance on judicial reform and its impact on the country’s economy.