This includes a multi-year approach to fixing budget aggregates, the involvement and responsibility of the different government ministries in the budget process, decentralizing budget responsibility through quality management of local governments, and increasing transparency of the budget process.
Most of these matters are in different stages of treatment by the government, and the Bank of Israel not only supports their progress but also assists as best it can. As I said earlier, this is only a very formative list, part of it already being dealt with and others only partly so, if at all.