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The Prime Minister's Office said Thursday.
Israeli-born Yaron, 54, a professor at the Wharton School of the University of Pennsylvania who has lived in the United States for two decades, was chosen by Prime Minister Benjamin Netanyahu last month. He would be able to succeed Karnit Flug, whose five-year term of this week. Deputy Governor General of the Netherlands Nadine Baudot-Trajtenberg
Yaron last week cleared a key hurdle by receiving approval from a special government vetting committee, which said it did not find any flaws with Yaron's character.
The cabinet is expected to approve the nomination, making it governor at pivotal time for Israel's economy. With inflation now inside the government's target, policymakers are forecasting to start interest rates in the first quarter of 2019.
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