Bank of Israel Governor Amir Yaron was just 14 months on the job when the corona pandemic began. He looks back at the management of the crisis, and projects optimism about Israel’s economy.
“There are still challenges to economic activity in view of the increased health risks in Israel and abroad,” the central bank said.
The Bank of Israel intends to issue several millions of special edition coins to be distributed to the public through banks and the Israel Postal Company.
The position of deputy governor was left vacant for almost an entire year, since Dr. Nadine Baudot-Trajtenberg concluded a five-year term on February 28, 2019.
"We are delighted that Prof. Karnit Flug is joining our department," said chair of the Hebrew University's economics department Prof. Eric Gould.
On managing Israel's money.
Flug, 62, is Israel's only female governor to date.
Prime Minister Benjamin Netanyahu and Finance Minister Moshe Kahlon officially announced the appointment on Tuesday afternoon.
Flug's successor still unknown, but decision was not impacted by uncertainty, she said.
Bank of Israel head Karmit Flug may be awarded a second term - once again by default.