Israel's economy ‘in good shape’ amid global downturn
Newsrael News Desk 01.07.2022
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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