Download or read book Israel written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2021-01-21 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic impact of the COVID-19 pandemic is unprecedented. Israel’s economic activity recorded a historic contraction, and the outlook remains challenging, with possible long-term scarring. Uncertainty is high, mainly driven by the evolution of the pandemic, the prospects for widespread vaccine distribution, and political uncertainty.
Download or read book Israel written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2015-09-16 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2015 Article IV Consultation highlights that Israel’s economy has been doing well and near-term growth prospects are favorable. Following growth of 2.6 percent in 2014, the economy is expected to expand by about 2.5 percent in 2015 and 3–3.3 percent each year in the medium term. Employment creation has been remarkable—growing by 3.5 percent annually—and unemployment is at multi-decade lows. Inflation has been negative, but this trend reflects temporary external factors, not domestic weakness. Debt has declined to 67 percent of GDP from a peak of 94 percent of GDP in 2003 but is expected to increase for the first time since 2009, following the upward revisions to the deficit targets.
Download or read book Israel written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Israel 2022 Article IV Consultation Press Release and Staff Report written by International Monetary and published by International Monetary Fund. This book was released on 2022-03-21 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Israeli economy has weathered the COVID-19 crisis exceptionally well, but risks are high. With substantial fiscal and monetary support, real GDP growth reached 8.1 percent in 2021, driven by consumption and high-tech exports. The rapid vaccination campaign boosted confidence. The outlook is positive but still subject to high uncertainty.
Download or read book Israel Staff Report for the Article IV Consultation written by and published by . This book was released on 2009 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Israel written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2023-06-15 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following a remarkable recovery from the pandemic anchored in strong fundamentals, the outlook is for growth to slow broadly in line with potential, as inflation falls within the targeted range by end-2024. However, the risk balance is tilted to the downside, reflecting, among other things, external risks and the continued uncertainty around the proposed judicial reform.
Download or read book Israel written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Israel written by International Monetary Fund and published by International Monetary Fund. This book was released on 2004-06-03 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2003 Article IV Consultation highlights that Israel’s economy has entered a modest recovery path, after almost three years of recession. Led by external demand, real GDP is estimated to have grown 1.3 percent in 2003, despite anemic investment. Furthermore, high frequency indicators suggest that output is recovering, private consumption is growing, and tourism is rebounding. The external current account deficit continues to fall and is now close to balance. The sizable capital outflow of the last quarter of 2002 and the first quarter of 2003 has been reversed, and foreign direct investment has rebounded.
Download or read book Israel written by Adam Bennett and published by . This book was released on 2010 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Israel written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2017-03-28 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: Israel is enjoying strong economic growth, estimated at 4 percent in 2016, supported by strong domestic demand—partly due to high vehicle sales ahead of a tax increase—and an export rebound. Unemployment declined to 4.4 percent in Q4 2016 and wage increases have picked up. Nonetheless, inflation remained below the 1–3 percent target range of the Bank of Israel (BOI), reflecting external factors and government measures to reduce the cost of living. The BOI has held the policy rate at 0.1 percent since February 2015 and stated that monetary policy in Israel will remain accommodative for a considerable time. Strong revenues contained the fiscal deficit to 2.1 percent of GDP in 2016 and the public debt ratio declined to 62 percent of GDP.
Download or read book Israel written by International Monetary Fund and published by International Monetary Fund. This book was released on 2005-04-18 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2004 Article IV Consultation highlights that Israel’s economic recovery is under way after a prolonged recession. Growth is being supported by more favorable global economic conditions, an improvement in the security situation, and appropriate policies, which have included tightening the fiscal stance and easing monetary policy. Real GDP grew by an estimated 4.3 percent in 2004, with exports and private consumption leading the way. The economy is expected to continue to strengthen, albeit at a slightly lower growth rate in 2005.
Download or read book Israel written by International Monetary Fund and published by International Monetary Fund. This book was released on 2001-08-03 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Israeli economy has seen both rapid growth and price stability, and subsequently a very sharp deceleration. The design and execution of fiscal policy have improved markedly in recent years, but further progress is needed. It is also important to make further, steady progress with the structural and institutional reform agenda to create a more efficient and flexible economy and to enhance future growth prospects. Data provision is generally adequate for surveillance purposes, though the quality of some statistics could be enhanced.
Download or read book Israel written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2018-05-01 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Israel’s economy is growing well with inflation remaining low and the housing market cooling. Growth of about 31⁄2 percent in 2017 helped bring unemployment below four percent in early 2018, supporting robust wage rises averaging 31⁄4 percent. Yet, partly owing to the appreciation of the shekel, inflation remained below the 1–3 percent target range. House price increases slowed to below two percent as proposed tax measures deterred investor interest. Prospects for the next few years are for growth to remain around 31⁄2 percent with inflation rising gradually.
Download or read book Israel written by International Monetary Fund and published by International Monetary Fund. This book was released on 2012-04-02 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2012 Article IV Consultation reports that Israel has emerged from the 2008–09 global crisis with strong economic growth, a resilient banking system, and unemployment at historic lows. Exports, at 40 percent of GDP, depend on global demand for high-technology products, such as electronics and pharmaceuticals, and communications. One-third of exports go directly to Europe, with more routed there indirectly. Given the country’s weak direct trade linkages to the region, regional tensions mainly affect Israel through security, investor and consumer confidence, and public finances.
Download or read book Israel written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2014-02-11 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2013 Article IV Consultation highlights that Israel’s economic fundamentals has remained strong. GDP growth is solid, unemployment is low, and inflation remains firmly anchored within the 1–3 percent target range. The financial sector is in good health, and the external position is strong. On the structural front, concerted action is required to boost competition in the non-tradable sector, although it is imperative to promote the participation of Haredi and Israeli–Arab populations in the labor force to reduce poverty and inequality and bolster the economy’s long-run productive capacity.
