Monday, February 6, 2012

Israel Cabinet Approves Law to Reform Central Bank

July 5, 2009 by · Leave a Comment 

Israel’s cabinet approved a draft of a law on Sunday that would overhaul monetary policy and other decision-making by the Bank of Israel, the finance ministry said.

The law was submitted by Prime Minister Benjamin Netanyahu and Finance Minister Yuval Steinitz.

It has been in the works since Netanyahu was prime minister the first time, in the 1990s, and is aimed at strengthening the central bank’s independence. Read more…

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