Israeli government budget and bond manager to resign

JERUSALEM (Reuters) - Israeli Accountant General Rony Hizkiyahu, who for the past three and a half years has overseen the country's finances and handled government bond offerings, announced on Sunday he would be stepping down. Finance Minister Israel Katz said Hizkiyahu would stay on for another few months while a replacement was found. Hizkiyahu has spearheaded multi-billion dollar programs to upgrade Israel's transportation and energy infrastructure and in April led a record $5 billion bond offering -- including $1 billion of 100-year bonds -- to help finance a coronavirus stimulus package

Reuters July 27, 2020 00:10:36 IST
Israeli government budget and bond manager to resign

Israeli government budget and bond manager to resign

JERUSALEM (Reuters) - Israeli Accountant General Rony Hizkiyahu, who for the past three and a half years has overseen the country's finances and handled government bond offerings, announced on Sunday he would be stepping down.

Finance Minister Israel Katz said Hizkiyahu would stay on for another few months while a replacement was found.

Hizkiyahu has spearheaded multi-billion dollar programs to upgrade Israel's transportation and energy infrastructure and in April led a record $5 billion bond offering -- including $1 billion of 100-year bonds -- to help finance a coronavirus stimulus package.

Hizkiyahu previously served as banking regulator at the Bank of Israel.

(Reporting by Ari Rabinovitch; Editing by Steven Scheer)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date:

TAGS:

also read

UK opposition party calls for inquiry into UK PM flat 'cover-up'
World

UK opposition party calls for inquiry into UK PM flat 'cover-up'

By Andrew MacAskill LONDON (Reuters) - Britain's opposition Labour Party called on Tuesday for an investigation into whether Prime Minister Boris Johnson's press secretary "knowingly misled" journalists over the refurbishment of his official Downing Street flat.

Israeli military says it downed Hezbollah drone on Lebanon border
World

Israeli military says it downed Hezbollah drone on Lebanon border

JERUSALEM (Reuters) - Israeli forces brought down a drone belonging to the Lebanese Hezbollah group that crossed into northern Israel from Lebanon on Tuesday, the Israeli military said. In a statement, the military said that earlier in the day troops had located another Hezbollah drone that also had been downed along the border with Lebanon several weeks ago.

As U.S. troops leave Afghanistan, lawmakers fear dark future for women
World

As U.S. troops leave Afghanistan, lawmakers fear dark future for women

By Patricia Zengerle and Jonathan Landay WASHINGTON (Reuters) -U.S.