Bank of Israel without Head?

In Israel, state institutions are no longer running smoothly. Strange things are happening everywhere.

A few recent examples, the appointment of the President of the Supreme Court – is it a legal appointment at all as many critics say – or whether the anti-Semitic and anti-democratic terrorist organization “PA” controls the border crossing in Rafah or who, as a perceived majority of the public is asking on X, actually governs Israel, i.e. who has the final say? The government or the unelected elites of the deep state?

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Well, as Calcalist reports, the Bank of Israel will probably no longer have leadership as of next week. The problem is that this leadership must be appointed according to the law.

Calcalist reported: “The Bank of Israel is expected to remain, for the first time, without a deputy governor, even though the law requires that the position be filled. Deputy Governor Andrew Abir’s term expires at the end of the week, but the issue was not even on the agenda of the government meeting. Prime Minister’s Office: “The issue will be examined upon his return from abroad” ”

On 28.01.2025 the Bank of Israel rather laconically wrote in its press release: “The Bank of Israel today published the main points of its work plan and the budget for its administrative activity for 2025. The Bank of Israel’s Supervisory Council discussed the Bank’s annual work plan, approved the Bank’s annual budget for administrative activity, and submitted the budget to the Knesset Finance Committee, as required by the Bank of Israel Law, 5770–2010.” Business as usual. The inflation rate is at 3.2% (12-month percentage change)