Fischer says modern Bank of Israel law needed

Governor of the Bank of Israel Prof. Stanley Fischer said in a speech that the new law will establish a monetary committee and an administrative council to work together.

"The Bank of Israel, Prime Minister Ariel Sharon, and Minister of Finance Benjamin Netanyahu are cooperating to promote a modern Bank of Israel Law," Governor of the Bank of Israel Prof. Stanley Fischer revealed today at the 2005 Israel Democracy Institute Conference on Economic Policy (Caesarea conference) in Jerusalem.

Fisc

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