Israel Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Israel
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...
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| Format: | eBook |
| Language: | English |
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Washington, D.C.
International Monetary Fund
2015
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| Series: | IMF Staff Country Reports
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| Online Access: | |
| Collection: | International Monetary Fund - Collection details see MPG.ReNa |
| Summary: | 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 |
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| Physical Description: | 70 pages |
| ISBN: | 9781513536057 |