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FinancialNews


  • 13-08-18

    Israel sees more balance in economy in H1

    (MENAFN) The Bank of Israel suggested that the country seemed to have witnessed a further stable economy during the first six months of this year.

    It comes as the Israeli economy became further inclined to export and less to private consumption, the bank said in its report on the first half of 2018.

    It also comes after recording continuous tightening in the labor market over the last two years, in which there was a high level of job opportunities with a low unemployment rate.

    The Bank of Israel is also expecting the GDP to post a 3.7 percent boost this year and 3.5 percent growth next year.

    MENAFN1308201800450000ID1097287277

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