Jerusalem Mayor Nir Barkat
Jerusalem Mayor Nir Barkat Flash 90

Prime Minister Binyamin Netanyahu announced at the Likud elections conference in Or Yehuda that he intends to appoint Nir Barkat as the next Finance Minister.

"I want to announce tonight that I am going to introduce six huge reforms in economics and health that the next government of Israel will enact and I asked Nir Barkat to be the next finance minister of the next Likud government," Netanyahu said.

Barkat would replace outgoing Finance Minister Moshe Kahlon, who has announced his retirement from politics.