BREAKING NEWS

Amid protests, Treasury director-general resigns

By JPOST.COM STAFF, GLOBES

JULY 31, 2011 09:58

Finance Ministry Director-General Haim Shani stepped down Sunday morning amid social protests sweeping the country, citing differences of opinion with Finance Minister Yuval Steinitz. Most likely, the difference of opinion regarded management of the Tax Authority, but also Prime Minister Binyamin Netanyahu's plan to lower certain taxes and to change the government budget against the backdrop of ongoing protests.

Shani was appointed to the Finance Ministry post in November 2009 to replace Yoram Ariev. Shani was previously the CEO of NICE Systems.

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