Israel: 2008 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Israel.
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Summary:
The staff report for the 2008 Article IV Consultation of Israel on economic developments and policies is examined. Fiscal and monetary credentials have been established in markets. Banks and their supervisory arrangements have been robust, and growth has been strong, sustained, and balanced. Although public debt is much reduced, to about 80 percent of GDP, it remains vulnerable. Although domestic securities prices tracked those abroad downward, prompting outflows from provident funds, flows in domestic credit markets remained largely undisturbed.
Series:
Country Report No. 2009/057
Subject:
Banking Budget planning and preparation Corporate bonds Credit Fiscal policy Inflation Money Prices Public debt Public financial management (PFM)
English
Publication Date:
February 17, 2009
ISBN/ISSN:
9781451819663/1934-7685
Stock No:
1ISREA2009001
Pages:
73
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