Economic news
Israel economy to benefit from judicial reforms, finance minister says
2023.02.28 09:51
© Reuters. FILE PHOTO: Israeli Finance Minister Bezalel Smotrich speaks at a news conference in Jerusalem, Israel, January 8, 2023. REUTERS/Ronen Zvulun
JERUSALEM (Reuters) – Israeli Finance Minister Bezalel Smotrich said on Tuesday he saw the country’s economy being strengthened by the government’s proposed judicial overhaul, but that he would assume responsibility for any economic harm caused by it.
He described the fury over the proposals as a political event that the government is managing.
“There is a sort of a jolt in the Israeli public, this is being reflected in certain vectors in the economy. I don’t see a catastrophe,” Smotrich said at a news conference to provide details of the 2023-24 state budget.
