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Flug has spent almost her entire career at the Bank of Israel, previously serving as deputy governor and director of the bank’s research department.
Flug, 62, is Israel's only female governor to date.
Flug's successor still unknown, but decision was not impacted by uncertainty, she said.
Bank of Israel keeps interest rate at record-low of .25%.
By NIV ELIS
President Rivlin and Prime Minister Netanyahu are presented the new bill by Bank of Israel Governor Flug.
By JPOST.COM STAFF
Rivlin chose not to celebrate his 75th birthday and instead congratulated the head of the Golani Brigade’s 12th “Barak" Battalion on his 36th birthday.
By GREER FAY CASHMAN
Though they agreed the deficit could increase from the planned 2.5% to 3%, Lapid argued that higher deficits were preferable to further cuts and to tax increases.
Labor MK Shaffir has accused Slomianksy of making back-room deals with Lapid, in exchange for supporting Lapid's signature 0 VAT policy.
Bill would have absolved some first-time home-buyers from paying 18% tax; Flug: Discount will go to construction companies, prices to stay neutral.
Bank supervisor proposes consolidating and simplifying credit card fees for customers and businesses alike.
Unemployment dropped .1 percentage points to 5.8%, while the labor participation rate remained at a record high of 64.2%.
The odds indisputably are that while Lapid’s quick-fix will markedly jack up housing demand, it won’t increase supply.
By JPost Editorial
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