Knesset (through the Governor of the Bank of Israel)

E722960

The Knesset is Israel’s unicameral national legislature, responsible for enacting laws, overseeing the government, and shaping the country’s public policy and budgetary framework.

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Observed surface forms (1)

Surface form Occurrences
Knesset 0

Statements (45)

Predicate Object
instanceOf parliament
unicameral national legislature
approves state budget of Israel
budgetaryOversightIncludes monetary policy framework via laws governing the Bank of Israel
canAmend Bank of Israel Law NERFINISHED
canBeDissolvedBy Prime Minister of Israel under certain conditions
vote of the Knesset
canSummon Governor of the Bank of Israel to committee hearings
country Israel
elects President of Israel NERFINISHED
Prime Minister of Israel (in certain constitutional periods)
ensuresAccountabilityOf Bank of Israel within the statutory framework
establishesLegalFrameworkFor Bank of Israel NERFINISHED
governsThrough laws affecting the mandate and independence of the Bank of Israel
hasCommittee Constitution, Law and Justice Committee NERFINISHED
Economy Committee NERFINISHED
Finance Committee NERFINISHED
Foreign Affairs and Defense Committee NERFINISHED
hasNumberOfChambers 1
hasNumberOfMembers 120
hasOfficialLanguage Arabic
Hebrew NERFINISHED
hasOversightFunctionVia Knesset Finance Committee over monetary and banking issues
hasPower to amend Basic Laws
to approve international treaties
to pass votes of no confidence in the government
interactsWith Governor of the Bank of Israel on monetary and financial legislation
legislativeBodyOf State of Israel NERFINISHED
locatedIn Jerusalem
meetsIn Knesset Building NERFINISHED
membersElectedBy proportional representation
membersElectedIn nationwide party-list system
monitors implementation of economic policy by the Government of Israel
oversees Government of Israel NERFINISHED
public sector financial management in Israel
passes Basic Laws of Israel NERFINISHED
playsRoleIn formulation of Israel’s fiscal policy
regulation of Israel’s financial system through legislation
receivesReportsFrom Governor of the Bank of Israel
responsibleFor enacting laws in Israel
overseeing the Government of Israel
shaping Israel’s budgetary framework
shaping Israel’s public policy framework
supervises Bank of Israel through legislation and oversight NERFINISHED
termLength 4 years

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Monetary Committee reportsTo Knesset (through the Governor of the Bank of Israel)