The Knesset (Israeli Parliament) failed to pass a budget law by the midnight Tuesday deadline. That caused the legislative power to dissolve. On Wednesday, the Parliament President Yariv Levin set new elections for late March.
The call for the new elections occurred amid the public outrage against Prime Minister Benjamin Netanyahu for his mishandling of the COVID-19 pandemic and for the corruption scandal in which he is involved.
Netanyahu, who has ruled the country since 2009, is the first prime minister to be investigated for corruption in Israel.
#Israel's parliament dissolved after PM Ben "#Bibi" #Netanyahu's fractured ruling coalition failed to pass a budget, triggering a 4th election in 2 yrs & renewing an unprecedented political crisis
In the new contest for the country's leadership, the Prime Minister will have to deal with a new right-wing rival, Gideon Saar, who has the same voting intention as Netanyahu, according to polls.
Netanyahu and his Defense Minister Benny Gantz formed their coalition last May after battling in three consecutive elections.
"We put aside our rivalry to form an emergency government focused on guiding the country through the health and economic crises caused by the COVID-19," the Prime Minister assured in May.
Experts affirmed that both politicians focused on leading a fierce dispute over the national budget law instead of solving the crisis. The law would play a crucial role in implementing an agreement in which Gantz would trade places with Netanyahu in November 2021.