Israel: Staff Report for the 1999 Article IV Consultation
April 21, 2000
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Israel is on the threshold of a marked improvement in economic performance. Passage of a revised Bank of Israel law along the lines recommended by the Levin Commission and endorsed by the Bank of Israel should be achieved as soon as possible. Continued vigilance regarding real exchange rate trends, conditions of access to international capital markets, and the health of the banking sector is essential. The government is to be commended for its success in liberalizing Israel's foreign trade and capital accounts.
Subject: Banking, Financial services, Fiscal policy, Fiscal stance, Inflation, Inflation targeting, Monetary policy, Prices, Public debt, Real interest rates
Keywords: commission consist, CR, fiscal policy, Fiscal stance, Global, Inflation, inflation environment, inflation expectation figure, inflation outlook, inflation target, Inflation targeting, ISCR, monetary policy, price index, Real interest rates, renewed inflation acceleration, revised Central Bureau of Statistics, way monetary policy
Pages:
54
Volume:
2000
DOI:
Issue:
057
Series:
Country Report No. 2000/057
Stock No:
1ISREA0012000
ISBN:
9781451819465
ISSN:
1934-7685
Notes
Included with the Staff Report are the text of Public Information Notice No. 00/33 and a statement by Mr. J. de Beaufort Wijnholds, Executive Director, on March 22, 2000.
