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Gad Lior
IMF slashes Israel's growth forecast amid judicial reform turmoil
IMF says to reduce economic uncertainty, a significant political solution is required, adds that Israel's economic performance in 2022 was commendable, as growth reached a high rate of 6.5%
Gad Lior
|
05.11.23
Moody's decision to cut Israel's credit outlook is not a mere bump in the road
The rating agency's economists left no doubt as to the reason for lowering Israel's forecast; while praising the previous government, they provided a detailed critique of the hasty legislative process of the current government's legal reform, and its detrimental effects on all citizens; however, they stressed that it’s not too late to change course
Gad Lior
|
04.16.23
Bank of Israel warns judicial reform could cost Israeli economy tens of billions a year
Central bank says lose to economy could reach as high as NIS 47.6 billion ($13.3 billion) annually over the next three years, raises benchmark interest rate to 4.5% - its highest level since 2007
Gad Lior
|
04.03.23
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