Israel: Staff Report for the 2001 Article IV Consultation
August 3, 2001
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The Israeli economy has seen both rapid growth and price stability, and subsequently a very sharp deceleration. The design and execution of fiscal policy have improved markedly in recent years, but further progress is needed. It is also important to make further, steady progress with the structural and institutional reform agenda to create a more efficient and flexible economy and to enhance future growth prospects. Data provision is generally adequate for surveillance purposes, though the quality of some statistics could be enhanced.
Subject: Budget planning and preparation, External debt, Government debt management, Inflation, Inflation targeting, Monetary policy, Prices, Public financial management (PFM)
Keywords: Bol's independence, Budget planning and preparation, CR, cumulative CPI, GDP, GDP estimate, Global, Government debt management, government inflation target range, Inflation, inflation expectation, Inflation targeting, ISCR, low-inflation environment, low-inflation reality, monetary policy
Pages:
52
Volume:
2001
DOI:
Issue:
133
Series:
Country Report No. 2001/133
Stock No:
ISCREA01133
ISBN:
9781451981599
ISSN:
1934-7685
