BAKU, Azerbaijan, July 15, Bank of Israel Governor Amir Yaron has called on the next Israeli government to control state spending, which has increased in recent years, and to prioritize investment in education, infrastructure, and other sectors that drive economic growth.
Speaking at a conference organized by the Calcalist daily newspaper, Yaron noted that Israel’s economy has demonstrated resilience and strength despite recent conflicts in the region.
He emphasized that as long as Israel avoids renewed war and inflation remains stable, short-term interest rates are expected to continue their downward trend. The central bank recently reduced its benchmark rate by 25 basis points.
Yaron’s remarks underline the need for fiscal discipline and strategic investment to support long-term economic stability and sustainable growth.
