(JNS) Israeli Prime Minister Yair Lapid is expected to concede defeat in the national elections during a call with opposition leader Benjamin Netanyahu on Thursday afternoon, according to Walla.

Lapid has instructed his Yesh Atid party members to prepare for a transfer of power, the report added.

With over 4.4 million votes officially counted, or more than 93% of the total ballots cast in Israel’s elections, Netanyahu’s right-religious bloc appeared primed to secure 65 seats in the 120-member Knesset.

Senior officials in Lapid’s political bloc on Wednesday harshly criticized his failed campaign.