Israel: 2008 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Israel.

Publication Date:

February 17, 2009

Electronic Access:

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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:

English

Publication Date:

February 17, 2009

ISBN/ISSN:

9781451819663/1934-7685

Stock No:

1ISREA2009001

Pages:

73

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