Israel political crisis sparks fears for economy

Bank of Israel governor reportedly convened financial stability committee last week

bank-of-israel3
The Bank of Israel
Photo: David Vaaknin

The governor of the Bank of Israel, Amir Yaron, reportedly called an emergency meeting of the financial stability committee on February 22, as continuing political unrest threatens the economy and the central bank’s autonomy.

Mass protests have demanded that the government withdraw a plan to circumscribe the powers of the courts. Israeli-Palestinian violence has also intensified.

The financial stability committee includes the governor and deputy governor, as well as other regulatory officials

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