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IMF lowers Israel economic growth projection again

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The International Monetary Fund has lowered for the second time in a row Israel's growth projection for 2019 at 3.1%.

 

The IMF has already lowered the projection in April from 3.5% to 3.3%.

 

The Israel Bank has also published its projections at only 3%.

 

In addition, world growth projection is lowest since 2008 crisis, at 3%.

 

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