Prime Minister Benjamin Netanyahu has not yet decided what to do next with the expiring term of Bank of Israel Chairman Professor Amir Yaron, despite the fact that Yaron was not offered a second term. This suggests that Netanyahu wants someone else in the position.
In light of the ongoing conflict, the government has agreed 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 for his first term.
On Sunday, November 19th, Finance Minister Bezalel Smotrich called on Netanyahu to publicly announce 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 economy of the country.