The Bank of Israel has introduced a new fifty shekel note bearing the likeness of Shaul Tchernikovsky, a Russian-born Hebrew poet identified with nature poetry.
“It is unique in both its design and its security technology, which is among the most advanced in the world,” noted BOI Governor Dr. Karnit Flug.
The note was introduced at a joint news conference with Prime Minister Binyamin Netanyahu Wednesday morning.
“In order for this note to retain its value, we must guard both security and the economy,” Netanyahu said. “I very much appreciate your seriousness and professionalism and that of the Bank of Israel staff, in maintaining the stability of the Israeli economy. This is one of our two missions.
“We must increase the security budget due to Operation Protective Edge, and guard the economy, and these items meet in the deficit which we can control and which not topple us,” Netanyahu went on. “This will be our policy and thus we will act, together.”