APR 24, 2024 JLM 75°F 07:37 AM 12:37 AM EST
Israel's economy ‘in good shape’ amid global downturn

High-tech sector, offshore natural gas among reasons for optimistic outlook compared to other countries.

Israel is well-positioned to ride out a potential global economic recession powered by the strength of its high-tech industry and abundant Mediterranean gas reserves, experts tell i24NEWS.

"The Israeli economy is stronger than in other countries, due to good fiscal and monetary policy, and to the gas we have," said Prof. Elise Brezis, head of the Aharon Meir Center for Banking and Economic Policy at Bar-Ilan University.

As reported by i24 News
Image source: Flash90

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Comments
La Jun 16:26 01.07.2022
Is he telling the truth? The world economy is going to crash in the upcoming weeks. I mean is going to make 1929 crash like a peanut. It won't last long
Rhoda Wright 15:51 01.07.2022
God Bless 🇮🇱💞🌈🌹🌷🥳⛪️
John Steedley 15:33 01.07.2022
I Bless Israel with the Father's Blessing
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