Who leads the race for the next Israeli government?

Israel's parliamentary elections have concluded in a stalemate, with neither Prime Minister Benjamin Netanyahu nor opposition challenger Gadi Eisenkot securing the 61-seat majority required to form a government. While partial counts indicate that Netanyahu's bloc holds a slim lead over the opposition, both candidates have publicly expressed confidence in their ability to lead the next administration. As final tallies continue, market reactions have been swift, with the Israeli shekel and local bonds seeing a decline as investors respond to the prospect of prolonged political instability.

What role will the Arab parties play in the aftermath?

Arab parties have secured significant gains, emerging as the pivotal force in the wake of the electoral deadlock. According to The New York Times, record voter turnout among Israel's Arab minority was driven by widespread opposition to the incumbent government, effectively denying both major Jewish-led blocs a straightforward path to power. Because neither Netanyahu nor Eisenkot can achieve a majority without external support, these Arab parties now wield unprecedented leverage in coalition negotiations. Al Jazeera reported that while some observers view this as a historic show of strength, others caution that these results may not signal a substantive shift in the broader political landscape of the country.

Gadi Eisenkot
Gadi Eisenkot (Image: Wikimedia Commons)
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The electoral deadlock has left both Netanyahu and Eisenkot well short of the 61-seat majority required to govern, placing the power to determine the next administration in the hands of smaller Arab parties.

What happens next in the government formation process?

With the legislature currently deadlocked, the responsibility for navigating the political impasse falls to President Isaac Herzog. Under the Israeli system, the president is tasked with selecting a candidate to form the next government after reviewing the election results and consulting with political leaders. As reported by The New York Times, this largely ceremonial role becomes critical during periods of fragmentation. While Netanyahu has urged patience, noting that official results will likely take several days to finalize, the country remains in a state of suspense, waiting to see which candidate can successfully cobble together a functional coalition in an increasingly fractured parliament.

20190409 Polling station in Israel
20190409 Polling station in Israel (Image: Wikimedia Commons)

How reliable are the current projections?

Current projections remain fluid, with various news organizations providing differing snapshots of the vote count. Major Israeli television networks have revised their initial exit poll data as actual ballot counting has progressed, reflecting the uncertainty of the outcome. While some reports from Bloomberg and other outlets highlighted Netanyahu overtaking Eisenkot as more votes were processed, the overall consensus among the international press—including the BBC and The Guardian—is that the results are too close for either side to declare a definitive mandate. Final results are expected within one or two days, at which point the path forward for the Israeli Knesset will become significantly clearer.