Israel : Recent Economic Developments

Author/Editor:

International Monetary Fund

Publication Date:

November 7, 1995

Summary:

This paper reviews economic developments in Israel during 1990–94. During the first half of 1993, there was a significant slowing of the domestic economy largely as a result of a substantial scaling down of the public support provided to housing construction for immigrants, who were arriving to Israel in lesser numbers than originally estimated. In response to this slowing and to signs of a moderation in inflation, during the third quarter of 1993, the Bank of Israel reduced its lending rate from 12 percent to 9 percent in successive stages.

Series:

Country Report No. 95/105

Subject:

Notes:

This report on recent economic developments in Israel was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.

English

Publication Date:

November 7, 1995

ISBN/ISSN:

9781451819427/1934-7685

Stock No:

1ISREA0011995

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

152

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