Bank of Israel warns judicial reform could cost Israeli economy close to NIS 50 billion per year

The Bank of Israel warned on Monday that if the government's legal overhaul passes, the consequent fallout in public perception could cost the Israeli economy up to an average of NIS 47.6 billion ($13.3 billion) each year for the next three years.
However, the impact is also estimated at as low as about NIS 13.7 billion ($3.8 billion) every year on average.
(Gad Lior)
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