Netanyahu picks Kahlon as new finance minister

Prime Minister Benjamin Netanyahu said he will appoint Moshe Kahlon as Israel’s finance minister.

Kahlon, the founder and leader of the center-right Kulanu party, met with Netanyahu on March 24, the daily Haaretz reported. A day earlier, Kahlon had announced that his party, which won 10 Knesset seats in last week’s election, would join a coalition with Netanyahu, helping to propel the prime minister to the majority needed to form a government.

Under Netanyahu, Kahlon has served as minister of communications and of welfare and social services. He is known for championing middle-class economic issues.

In 2014, Kahlon broke from Netanyahu’s Likud Party to form Kulanu. — jta