israeli cabinet approves new central bank governor
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Israeli cabinet approves new central bank governor

Arab Today, arab today

Arab Today, arab today Israeli cabinet approves new central bank governor

Jerusalem - XINHUA

Israeli Cabinet unanimously approved Dr. Karnit Flug as the next governor of Israel's central bank, the prime minister's office announced on Sunday. Israeli Prime Minister Benjamin Netanyahu wished Flug success and added that, "Israel's economic leadership must continue to advance growth and employment, increase exports and lower housing prices." Flug is considered to be a successor of monetary line drawn by the central bank's previous governor, Prof. Stanley Fischer, an American-Israeli economist who previously served as the chief economist of the World Bank. Israeli government expects Flug to continue with Fisher's monetary policy that kept a low interest rate and struggled to curb the dollar devaluation against the Israeli shekel. Flug served as acting governor of the central bank since Fischer stepped down on June 30, after an eight-year tenure. Flug, 58, would be the first woman-governor of the Bank of Israel. She completed her M.A. at the Hebrew University in 1980 and then pursued her Ph.D. in Economics at Columbia University in New York. In 1984, Flug joined the IMF as an economist. In 1988, she returned to Israel and joined the Research Department of the Bank of Israel, where she worked and published papers on topics related to the labor market, balance of payments and macroeconomic policies. Markets hailed on Sunday the long awaited appointment that ends a three-month-long selection process during which the Bank of Israel had no permanent chief, drawing much criticism of Israel's financial markets. In July, Prof. Jacob Frenkel, chair of JP MorganChase International, had to step down shortly after his nomination, amid allegations involving a shoplifting incident in a Hong Kong airport in 2006. In August, Prof. Leo Leiderman withdrew his candidacy, citing personal reasons.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

israeli cabinet approves new central bank governor israeli cabinet approves new central bank governor

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

israeli cabinet approves new central bank governor israeli cabinet approves new central bank governor

 



GMT 12:48 2016 Sunday ,27 November

Cilic, Dodig push Croatia to brink of Davis Cup

GMT 05:24 2017 Thursday ,28 December

Erdogan says 'terrorist' Assad cannot be part of Syria

GMT 12:59 2016 Saturday ,05 November

WB welcomes economic reforms in Egypt

GMT 18:40 2016 Saturday ,05 November

Egyptian GDRs in London down

GMT 10:57 2017 Wednesday ,06 December

Peru striker Guerrero has doping ban extended

GMT 17:51 2017 Tuesday ,07 March

Trump Signs New Travel Ban on Six Muslim Countries

GMT 10:30 2017 Wednesday ,06 September

Saudi Information Ministry praises media role during Hajj

GMT 15:29 2017 Tuesday ,24 January

Mind games really do help your brain

GMT 06:55 2015 Thursday ,01 October

Boston Red Sox beat Yankees

GMT 08:17 2017 Monday ,28 August

Bahrain celebrates World Humanitarian Day 2017

GMT 02:07 2017 Tuesday ,28 February

Opposition seeks Russian support at Syria talks
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday