To the extent that we will be able to do more in increasing the efficiency of the tax exemption system and enhancing tax collection, we will be able to increase overall tax revenues without increasing tax rates.
The second type of central bank money is in the wholesale system - the banking system's accounts with the Bank of Israel. These accounts also increase the public's trust in the banking system. We have seen during crises that banks may prefer increasing their balances at the central bank to enable them to pay each other with central bank currency.