Live Update 
From the Liveblog of
Monday, May 11, 2020
From the Liveblog of
Monday, May 11, 2020
Finance Ministry director Shai Babad announces plan to step down
Add ToI as a Preferred Source on GoogleFinance Ministry director Shai Babad announces his intention to step down after five years in the top post.
A statement from the Finance Ministry says Babad has notified incoming minister Israel Katz of the decision.
“At the request of Minister Katz, the two agreed that the date of [Babad’s] final day will be coordinated between the parties,” the statement reads.
In a statement of his own, Babad thanked outgoing Finance Minister Moshe Kahlon, who appointed him to the position in 2015.
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