Gafni’s law – which will limit the Governor of the Bank of Israel

by time news

First publication: Contrary to the coalition agreement – the chairman of Degal Hatora, Knesset member Moshe Gafni, will propose the law that will prevent the governor from raising interest on a single apartment. After the ministerial committee for legislation rejected the proposal yesterday, Gafni decided to promote it anyway.

The Chairman of the Finance Committee placed on the Knesset’s agenda the bill that would limit the possibility of the Governor of the Bank of Israel to raise the interest rate on a ‘single apartment’. Gafni’s decision is contrary to the coalition agreement in which it was determined that the position of the Ministerial Committee on Legislation is binding on all Knesset members of the coalition.

Last week Netanyahu issued a round of clarifications on the independence of the governor of the Bank of Israel, it is not impossible that he will make a great effort to prevent the approval of the law this week in the Knesset.

Lieberman responded to the publication and said that “Netanyahu will pray that the international bodies do not follow the decisions of the chairman of your finance committee, Moshe Gafni. Your delusional decisions are destroying the Israeli economy and all Israeli citizens will have to pay the price.”

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