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

_IMF Staff Country Reports, January 21, 2021_

## Source details

**Canonical URL:** [Israel: 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Israel](https://www.imf.org/en/publications/cr/issues/2021/01/21/israel-2020-article-iv-consultation-press-release-staff-report-and-statement-by-the-50028)

## Other formats

- [Markdown version](/en/publications/cr/issues/2021/01/21/israel-2020-article-iv-consultation-press-release-staff-report-and-statement-by-the-50028/index.md)
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## Bibliographic details
- Published: January 21, 2021
- Series: IMF Staff Country Reports
- Volume: 2021
- Pages: 75
- DOI: https://doi.org/10.5089/9781513567099.002

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### Overview and context
- Publication date: January 21, 2021
- Main 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
- Series and identifiers:
  - Pages: 75
  - Volume: 2021
  - Issue: 020
  - Series: Country Report No. 2021/020
  - DOI: https://doi.org/10.5089/9781513567099.002
  - Stock No: 1ISREA2021001
  - ISBN: 9781513567099
  - ISSN: 1934-7685

### Major findings and outlook
- The economic impact of the COVID-19 pandemic is unprecedented.
- Israel’s economic activity recorded a historic contraction.
- 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,
  - political uncertainty.

### Implications highlighted
- Pandemic-related uncertainty and vaccine distribution prospects are central to near-term economic prospects.
- Possible long-term scarring is a key risk to medium-term growth and performance.
- Fiscal and policy considerations referenced by subject tags include fiscal policy, fiscal space, loans, and public investment and public-private partnerships (PPP).

### Publication access and formats
- Format referenced: IMF Staff Country Reports
- "Download PDF" and additional formats noted on the page.

*International Monetary Fund. Israel: 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Israel (Country Report No. 2021/020), January 21, 2021.*

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_Source: https://www.imf.org/en/publications/cr/issues/2021/01/21/israel-2020-article-iv-consultation-press-release-staff-report-and-statement-by-the-50028_