Israeli economy experiences significant shock after judicial reform proposal: central bank governor

JERUSALEM, May 30 (Xinhua) -- Israel's central bank governor Amir Yaron said on Tuesday that the country's economy has experienced a significant domestic shock in recent months due to the controversial judicial reform promoted by the government.

"Following the proposed changes regarding the judicial system and the accompanied events, there has been a decrease in Israel's economic certainty as perceived by the markets," the Bank of Israel governor said in a lecture at the annual Eli Hurvitz Conference on Economy and Society in Jerusalem.