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Economic News


Accountant General publishes government financial statements for 2011
(14 May 2012)
For the first time, the land owned by the State has been appraised. The scope of assets in respect to projects in cooperation with the private sector stands at approximately NIS 19 billion in 2011, and fixed assets at approximately NIS 290 billion
MOF Steinitz submits recommendation for implementation of biennial budget method
(7 May 2012)
Finance Minister Dr. Yuval Steinitz submitted his recommendation for the implementation of the biennial budget method to the finance committee and the constitution, law and justice committee
Remarks by BOI Governor Stanley Fischer regarding Israeli economy
(17 Apr 2012)
Professor Fischer: Global economic developments are the main cause of the uncertainty in Israel's economy.
IMF publishes annual report on Israel's economy
(2 Apr 2012)
This year, in addition to its usual report, it also published the results of a comprehensive study it carried out of Israel's financial system, in the framework of its Financial Sector Assessment Program (FSAP).
Bank of Israel Gov Fischer submits Annual Report 2011
(28 Mar 2012)
The economy this year faced significant difficulties, which intensified during the year, but dealt with them successfully. With that, looking forward a number of developing challenges stand out.
Finance Ministry launches campaign to attract foreign investors to Israel
(22 Mar 2012)
The Israeli delegation will meet with senior European policymakers and high-level executives of European financial institutions and spell out to them the advantages of the Israeli economy against the background of today's global economic challenges.
Israel deepens economic ties with China
(1 Mar 2012)
The Minister of Finance and his Chinese counterpart executed an agreement in a volume of more than NIS 1 billion for the export of Israeli water technologies to China.
Bank of Israel Monetary Policy Report - July-December 2011
(13 Feb 2012)
In the second half of 2011 the Consumer Price Index (CPI) was unchanged, and on a seasonally adjusted basis increased at a moderate pace of 0.4 percent. The crisis in Europe had a negative impact on demand for Israeli exports, and was the main factor in a slowdown in domestic real activity.
BOI Governor Fischer addresses the Herzliya Conference
(1 Feb 2012)
In my view, the Israeli economy is a sort of miracle, and we have very talented people.
IMF mission to Israel begins discussions
(31 Jan 2012)
The mission will present its preliminary report to the Governor of the Bank of Israel and the Minister of Finance on February 13.
Minister of Finance reports to Knesset Finance Committee
(24 Jan 2012)
Minister of Finance, Dr. Yuval Steinitz, presented to the Knesset Finance Committee a review of 2011 and the Finance Ministry's forecast for 2012.
Bank of Israel reduces interest rate to 2.5 percent
(23 Jan 2012)
The decision to reduce the interest rate to 2.5 percent for February 2012 is consistent with the interest rate policy that is intended to entrench the inflation rate within the price stability target of 1-3 percent inflation a year over the next twelve months, and to support growth while maintaining financial stability.
Summary of OECD 2011 Economic Review of Israel
(12 Dec 2011)
A report by the Economic and Development Review Committee of the OECD on the State of Israel released on December 12, 2011 describes focus-areas where further responsiveness is desirable, and scenarios where Israel has and continues to display economic resilience.
Macroeconomic review by Governor of the Bank of Israel to the Knesset Finance Committee
(7 Dec 2011)
While Israel's economy is in a relatively strong position, mainly due to the policy pursued by the different governments in the last few years, we cannot expect to avoid a slowdown in growth as a result of the developments in the European economies.
The Israeli Economy: Fundamentals, Characteristics and Historic Overview
(24 Oct 2011)
Published by the Israel Ministry of Finance
Bank of Israel leaves interest rate for November 2011 unchanged at 3 percent
(24 Oct 2011)
The decision to leave the interest rate for November unchanged after reducing it for October is in line with monetary policy aimed at stabilizing the rate of inflation within the price stability target range of 1-3 percent over the coming 12 months, and is intended to support growth while preserving financial stability.
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  Economic Overview of Israel (Ministry of Finance)
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