Protests in Israel Cause Economic Damage to the Central Bank of Israel

Protests in Israel are causing economic damage, according to the Central Bank of Israel.

The Central Bank of Israel has warned that pursuing the desired judicial reforms by the government could inflict billions of dollars in damage to the country’s economy.

Israel, with a per capita income of over $52,000, is considered one of the wealthiest countries in the world, but continued protests against judicial reforms in recent months could lead to a decrease in business and consequently a decline in economic growth.

These reforms have also faced criticism from outside the country.

Israeli Prime Minister Benjamin Netanyahu, in response to the recent protests, has temporarily suspended the pursuit of the judicial reform program aimed at reducing the powers of the Supreme Court, stating that it will be put on hold until the end of the current year.