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FinancialNews


  • 16-04-19

    Israel sees 0.5 percent raise in public debt-to-GDP

    (MENAFN) Israel recorded a 0.5 percent boost in its public debt-to-GDP ratio last year, standing at 61 percent.

    Debt rate in the Israeli government, not counting local authorities, registered a 0.6 percent raise to reach 59.4 percent of GDP.

    However, this number is a decline compared to the upper limit of which the Maastricht Treaty recommended.

    By the end of last year, the Israeli government debt hit USD221 billion from the USD210 billion witnessed a year earlier.

    MENAFN1604201900450000ID1098395389

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