Israeli Prime Minister Benjamin Netanyahu has failed to form a government following an inconclusive repeat parliamentary election last month, opening the door for his main rival Benny Gantz to get a chance to become the country's next leader.
President Reuven Rivlin said he would give Gantz, the former army chief, the mandate to try to become the prime minister after Netanyahu failed to muster the support of 61 members in a 120 member Knesset (parliament).
Netanyahu, who was first tasked with forming the next government by Rivlin by virtue of support of 55 members compared to Gantz's 54, announced on Monday evening, immediately after the end of Succot holidays, that he cannot cobble a government together and was returning the mandate.
The Prime Minister made the announcement two days before the end of 28 days deadline given to present a coalition.
Netanyahu, 70, broke the news of returning the mandate to Rivlin in a video message published on his official Facebook page.
"Ever since receiving the mandate [to form a government] I have worked relentlessly to establish a broad national unity government. This is what the people want," the premier said.
However, my efforts to "bring Gantz to the negotiation table and prevent another election" have failed as the Kahol Lavan (Gantz's Blue and White party) leader "refused time after time".
Gantz, 60, responded to the announcement on Twitter saying, "It's Kahol Lavan time."
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
