Netanyahu, Smotrich agree to extend tenure of Bank of Israel head Amir Yaron

Sharon Wrobel is a tech reporter for The Times of Israel.

Bank of Israel Governor Amir Yaron arrives at a cabinet meeting on the state budget at the Prime Minister's Office in Jerusalem, February 23, 2023. (Alex Kolomoisky/Pool)
Bank of Israel Governor Amir Yaron arrives at a cabinet meeting on the state budget at the Prime Minister's Office in Jerusalem, February 23, 2023. (Alex Kolomoisky/Pool)

Prime Minister Benjamin Netanyahu and Finance Minister Bezalel Smotrich agree to extend the tenure of Bank of Israel Governor Amir Yaron for another five-year term.

The decision will be brought for government approval.

Yaron, who is due to end his term on December 23, was expected to make a decision about whether he will continue with another five-year term after the Jewish High Holidays, which ended the day the war broke out with a shock attack by the Hamas terror group.

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