Bank of Israel Governor Amir Yaron is urging the government to make changes to its planned annual budget to bolster economic growth in light of higher defense spending. Yaron emphasizes the need to focus on increasing labor productivity, investing in the education system, and reducing expenditures that do not contribute to future growth. The Arrangements Law passed overnight sets spending priorities for the upcoming year, paving the way for the government to pass the full 2025 budget before a March 31 deadline.