Fischer: It's Good, State Should Get More

Bank of Israel governor Stanley Fischer said he applauded the panel's recommendations, which in his words, "express the need to increase the state's share in profits from the discoveries of oil and gas, which are a national treasure of the State of Israel."

The governor stressed the principle guiding Sheshinski, that the developers deserve fair return on their investment that factors in the risks they take, their spirit and their grit.