{
  "title": "Israel: 2022 Article IV Consultation-Press Release and Staff Report",
  "publication": "IMF Staff Country Reports, March 21, 2022",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2022/03/21/israel-2022-article-iv-consultation-press-release-and-staff-report-515406",
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  "summary": "The Israeli economy has weathered the COVID-19 crisis exceptionally well, but risks are high. With substantial fiscal and monetary support, real GDP growth reached 8.1 percent in 2021, driven by consumption and high-tech exports. The rapid vaccination campaign boosted confidence.",
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    {
      "heading": "Economic performance in 2021",
      "content": "- Real GDP growth reached 8.1 percent in 2021.\n- Growth was driven by consumption and high-tech exports.\n- The rapid vaccination campaign boosted confidence."
    },
    {
      "heading": "Policy support and macroeconomic environment",
      "content": "- Substantial fiscal support was provided during the COVID-19 crisis.\n- Monetary support complemented fiscal measures."
    },
    {
      "heading": "Risks and outlook",
      "content": "- The outlook is positive but subject to high uncertainty.\n- Risks are described as high."
    },
    {
      "heading": "Subjects and keywords covered",
      "content": "- Subject: COVID-19, Health, Housing prices, Inflation, International organization, Labor, Labor markets, Monetary policy, Prices, Revenue administration\n- Keywords: aggregate value, COVID-19, Global, Housing prices, imported wheat, Inflation, inflation expectation, inflation pressure, Labor markets, merchandise export\n\n---\n\n Content in this bundle\n\n- 1isrea2022001\n  - 1isrea2022001 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 1isrea2022001 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: March 21, 2022",
    "Series: IMF Staff Country Reports",
    "Volume: 2022",
    "Issue: 081",
    "Pages: 82",
    "DOI: https://doi.org/10.5089/9798400207143.002",
    "Stock No: 1ISREA2022001",
    "Real GDP growth reached 8.1 percent in 2021.",
    "Growth was driven by consumption and high-tech exports.",
    "The rapid vaccination campaign boosted confidence.",
    "Substantial fiscal support was provided during the COVID-19 crisis.",
    "Monetary support complemented fiscal measures.",
    "The outlook is positive but subject to high uncertainty.",
    "Risks are described as high.",
    "Subject: COVID-19, Health, Housing prices, Inflation, International organization, Labor, Labor markets, Monetary policy, Prices, Revenue administration",
    "Keywords: aggregate value, COVID-19, Global, Housing prices, imported wheat, Inflation, inflation expectation, inflation pressure, Labor markets, merchandise export",
    "**1isrea2022001**"
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