Join our Community
Support ToI and remove all ads
Learn more

ISRAEL AT WAR - DAY 529

Amir Yaron

Bank of Israel governor Amir Yaron speaks at a press conference in Jerusalem, April 8, 2024. (Sharon Wrobel/Times of Israel)
January 6, 2025, 8:19 pm
Central bank sees economy improving but warns of continued geopolitical uncertainty
Bank of Israel holds interest rates at 4.5%, citing rising inflation following January tax hikes, including VAT; governor warns lawmakers against making changes to the 2025 budget
By Sharon Wrobel
Bank of Israel Governor Amir Yaron speaks at a conference in Tel Aviv on November 27, 2024. (BOI spokesperson)
November 27, 2024, 5:08 pm
Bank of Israel head bashes banks for raking in hefty profits while shortchanging clients
Governor Yaron laments that deposits sitting in checking accounts often do not bear interest for holders, but are a cheap source of financing for lenders
By Sharon Wrobel
Bank of Israel Governor Amir Yaron speaks during a press conference at the Bank of Israel in Jerusalem, January 2, 2023. (Yonatan Sindel/Flash90)
October 9, 2024, 8:13 pm
Central bank cuts growth prospects, holds rates as war expected to last into 2025
Bank of Israel Governor Amir Yaron urges the government to act on passing the 2025 budget with responsible austerity measures and policies to uphold the ‘economy’s robustness’
By Sharon Wrobel
Governor of the Bank of Israel Amir Yaron speaks at the Maariv economic conference in Tel Aviv, March 26, 2024. (Avshalom Sassoni/Flash90)
August 20, 2024, 9:09 pm
Bank of Israel head urges Netanyahu to get moving on 2025 state budget
Amir Yaron tells PM markets seeking responsible policies amid war, but speculation persists that premier wants to torpedo budget to trigger election next year
By Steven Scheer
Bank of Israel Governor Amir Yaron speaks during a press conference at the Bank of Israel in Jerusalem, January 2, 2023. (Yonatan Sindel/Flash90)
July 8, 2024, 10:12 pm
Central bank cuts growth forecast amid fears of intense war, escalation of fighting
Bank of Israel head Amir Yaron urges the government to make responsible budget adjustments, even if they are not popular, to help fund war costs and restore investor confidence
By Sharon Wrobel
Finance Minister Bezalel Smotrich in Jerusalem, April 21, 2024. (Chaim Goldberg/Flash90)
June 9, 2024, 7:12 pm
Smotrich pushes agenda for two-day ‘marathon discussions’ to draft 2025 budget
Finance minister orders treasury to engage next week in swift budget talks, which typically take two months, to help put the war-battered economy on a path to growth
By Sharon Wrobel
Governor of the Bank of Israel Amir Yaron speaks at the Maariv economic conference in Tel Aviv, March 26, 2024. (Avshalom Sassoni/Flash90)
May 30, 2024, 6:08 pm
Bank of Israel chief warns war against Hamas will cost $67 billion in 2023-2025
Amir Yaron says conflict in south, north a ‘budgetary burden,’ IDF shouldn’t get ‘blank check’ for permanent outlays; Smotrich, Gallant agree on panel to review defense spending
By Sharon Wrobel and Reuters
Bank of Israel Governor Amir Yaron speaks during a press conference at the Bank of Israel in Jerusalem, on January 7, 2019. (Noam Revkin Fenton/Flash90)
May 27, 2024, 7:06 pm
Bank of Israel leaves lending rate at 4.5%, as inflation and war uncertainty ramp up
Central bank has kept rate steady since cutting it in January; says it expects the deficit to rise due to war costs, pushing the state to make budgetary cuts and raise taxes
By Sharon Wrobel
Bank of Israel governor Amir Yaron speaks at a press conference in Jerusalem, April 8, 2024. (Sharon Wrobel/Times of Israel)
April 8, 2024, 9:17 pm
Bank of Israel holds borrowing costs steady, citing rising geopolitical uncertainty
Central bank keeps interest rates at 4.5% amid growing regional tensions, given Iran’s threat to retaliate against Israel and concerns over increased defense spending
By Sharon Wrobel
Bank of Israel chief Amir Yaron, left, gives Prime Minister Benjamin Netanyahu the central bank's year-end report in Jerusalem, March 28, 2024. (Amos Ben-Gershom/GPO)
March 31, 2024, 5:28 pm
Bank of Israel head urges government to set ‘appropriate’ fiscal priorities in budget
Central bank chief tells lawmakers the need for higher defense spending during war requires fiscal adjustments to prevent debt from rising further and to help economy recover
By Sharon Wrobel
Bank of Israel Governor Amir Yaron speaks during a press conference in Jerusalem, on April 11, 2022. (Flash90/File)
February 26, 2024, 9:59 pm
Israel’s central bank pauses rate cuts, amid ongoing uncertainty over war’s impact
Bank of Israel holds borrowing costs steady at 4.5% and expects the pace of interest rate cuts this year to be gradual and cautious
By Sharon Wrobel
Bank of Israel governor Amir Yaron attends a Finance Committee meeting, in the Knesset in Jerusalem on January 30, 2024 (Yonatan Sindel/Flash90)
February 11, 2024, 1:41 pm
Central bank chief appeals to government to take action after Moody’s downgrade
Tel Aviv stocks dip after US ratings agency lowers credit outlook to ‘negative’ and the government shows little indication of a change of course to avert further downgrades
By Sharon Wrobel
Members of Prime Minister Benjamin Netanyahu's cabinet during a meeting to approve the amended 2024 budget, January 15, 2024. (Haim Zach/GPO)
January 17, 2024, 6:32 pm
Revised 2024 budget passes 1st hurdle, but critics say it is harmful
The budget needed amending to finance the war effort, but it comes at the price of higher taxes and spending cuts that will harm the weak; will legislators force a rethink?
By Sharon Wrobel
Finance Minister Bezalel Smotrich speaks at a conference in Jerusalem, January 11, 2024. (Chaim Goldberg/Flash90)
January 12, 2024, 7:48 pm
Local councils urge ministers to nix planned cross-ministry budget cuts: ‘Unimaginable’
In letter to Netanyahu and Smotrich, authorities warn proposal will impact their ability to provide crucial services amid Israel-Hamas war, including in education and welfare
By Sharon Wrobel and Michael Horovitz
Bank of Israel Governor Amir Yaron speaks during a press conference at the Bank of Israel in Jerusalem, on January 7, 2019. (Noam Revkin Fenton/Flash90)
January 1, 2024, 9:34 pm
Amid ongoing war, Bank of Israel cuts borrowing costs for 1st time since April 2020
Governor urges government to make necessary budget adjustments to balance the increase in defense and civilian expenditures resulting from the campaign against Hamas
By Sharon Wrobel
Load More
Sign in or Register
Please use the following structure: example@domain.com
Or Continue with
By registering you agree to the terms and conditions
Register to continue
Or Continue with
Log in to continue
Sign in or Register
I forgot my password / Send me a sign in link
Or Continue with
check your email
Check your email
We sent an email to you at .
It has a link that will sign you in.
Never miss breaking news on Israel
Get notifications to stay updated
You're subscribed
image
Register for free
and continue reading
Registering also lets you comment on articles and helps us improve your experience. It takes just a few seconds.
Already registered? Enter your email to sign in.
Please use the following structure: example@domain.com
Or Continue with
By registering you agree to the terms and conditions. Once registered, you’ll receive our Daily Edition email for free.
Register to continue
Or Continue with
Log in to continue
Sign in or Register
I forgot my password / Send me a sign in link
Or Continue with
check your email
Check your email
We sent an email to you at .
It has a link that will sign you in.