Top Haredi Leader Orders Coalition Collapse After Netanyahu Freezes Key Bill

Prime Minister Benjamin Netanyahu said he does not plan to advance a military draft law exempting most draft-age ultra-Orthodox men from mandatory service before the election due by October. The announcement affects a politically sensitive domestic policy issue and suggests the legislation will be deferred until after the vote. Market impact is limited and primarily political rather than financial.

Analysis

Prime Minister Benjamin Netanyahu said he does not plan to advance a military draft law exempting most draft-age ultra-Orthodox men from mandatory service before the election due by October. The announcement affects a politically sensitive domestic policy issue and suggests the legislation will be deferred until after the vote. Market impact is limited and primarily political rather than financial.