Bank of Israel governor Stanley Fischer believes Israel has the economic tools and ability to improve the country's economy. While Israel cannot control the geo-political situation in the world and the Palestinian's statehood bid, internal steps can be taken to improve the financial situation in Israel he said. The Trajtenberg Committee established to examine demands raised by the social justice protesters and submit its proposals to the government has a degree of freedom to introduce reforms he said.. Referring to the rising cost of housing Fischer said he believes Israel is entering a period of stability, and in the past dealt with such problems and has the ability to deal with them again.
