IMF Staff Country Reports

Israel: 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Israel

January 21, 2021

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Format: Chicago

International Monetary Fund. European Dept. "Israel: 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Israel", IMF Staff Country Reports 2021, 020 (2021), accessed 12/21/2025, https://doi.org/10.5089/9781513567099.002

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Summary

The economic impact of the COVID-19 pandemic is unprecedented. Israel’s economic activity recorded a historic contraction, and the outlook remains challenging, with possible long-term scarring. Uncertainty is high, mainly driven by the evolution of the pandemic, the prospects for widespread vaccine distribution, and political uncertainty.

Subject: COVID-19, Fiscal policy, Fiscal space, Loans, Public investment and public-private partnerships (PPP)

Keywords: CR, health crisis, ISCR, Medium-term risk, vaccination campaign, vaccination pace, vaccine distribution