Econostrum | Economic News in the Mediterranean

Israelis to go to the polls in autumn 2022

Written by Frédéric Dubessy on Wednesday, June 29th 2022 à 17:05 | Read 240 times

The 24th Knesset lives its last hours (photo: Knesset)
The 24th Knesset lives its last hours (photo: Knesset)
ISRAEL. After lengthy discussions on Monday 27 June 2022 between the coalition and opposition members on the dissolution of the Knesset, a first reading of the law allowing to do so the next morning, the day of Wednesday 29 June 2022 will definitively seal the fate of the Israeli Parliament and its twenty-fourth term.

Some members of the opposition, including the number one of the Religious Zionism party, Bezalel Smotrich, have tried, in vain, to find a majority to immediately set up a provisional government entrusted to the returning Benyamin Netanyahu. And thus avoid new early elections. But the passage to the polls is now a foregone conclusion.

As planned since June 22, 2022 and the vote on the preliminary reading of the bill providing for the dissolution of the Knesset, the Israelis will have to choose their 120 deputies for the fifth time in less than four years. The elections will take place within 90 days of the adoption of the text presented by Yariv Levin of the Likud. The opposition and the coalition agreed on the evening of Monday 27 June 2022 on two dates: 25 October 2022 or 1 November 2022. The choice between these two options will be made later.

In the meantime, the current Prime Minister, Naftali Bennett has announced that he will step down. According to a power-sharing agreement between the two men, the interim will be ensured by his Foreign Minister Yair Lapid as soon as the Parliament is dissolved and until another government is formed.

Benyamin Netanyahu ready to get back in the saddle

The coalition as heterogeneous as historical created in June 2021 and gathering parties of the right, left, centre, but also an Arab formation, had managed to remove from the race the holder of the post until then unmovable for twelve years, Benyamin Netanyahu. Netanyahu had to give up the position because he was unable to form a government team.

In all likelihood, he will still be in charge after the next legislative elections. If his party Likud and its allies come out on top. And yet... They won in March 2021 without succeeding in imposing a new government.  Benyamin Netanyahu will have to gather at least sixty-one parliamentarians to hope to return to his favourite post.

The man has been indicted since November 2019 in three cases for corruption, fraud and breach of trust. The Parliament gave up on Monday, June 27, 2022, to vote on a bill prohibiting an indicted politician from forming a government.

Naftali Bennett's coalition exploded after another bill to extend Israeli law to the 475,000 settlers living in the West Bank, a territory occupied by Israel since 1967, was rejected in parliament on 6 June 2022. It was supposed to be extended before 30 June 2022. But the dissolution of the Knesset will automatically extend it.

The Likud has obtained an increase of 31.2 million shekels (€ 8.6 million) in the campaign budgets for the legislative allocated by the state to each of the parties of the legislature, which will reach 200 million shekels (€ 55.3 million).

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