Economic Prospects in Israel Better Than Expected, Data Shows

The Israeli economy has remained stable the past year, despite the current war, and is expected to rise, according to a report published by the Organisation for Economic Co-operation and Development (OECD).

Predictions show growth is expected to rise to 3.4% this year, and 5.5% next, subject to the ongoing war between Israel and Hamas coming to an end in 2025.

The figures are a more positive forecast from last quarter’s report, which predicted growth to be 2.4% this year and 4.6% in 2026.

Further, economists outlined that due to Israel’s stability and sound money management prior the war, the economy has not been as affected than it otherwise would.

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