Bank Of Israel Chief Urges Government To Pass Budget, Avoid Elections

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Bank of Israel Governor Amir Yaron called on the government to pass the state budget quickly on Sunday and warned that new elections would have a negative impact on the economy, which has already been severely damaged by the coronavirus pandemic.

“The changing morbidity trends and developments in Israel and around the world are causing great uncertainty regarding employment, businesses’ income and government intake and expenses,” Yaron said in a statement.

Yaron stressed that the most important thing for Israel’s economy at the moment is “stability in the conduct of government and orderly decision-making,” as this would help “reduce uncertainty for homes and businesses.”

Read more at i24NEWS.

{Matzav.com}

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