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Israel's Economic Growth Slows Due to War
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Bank of Israel's Interest Rate Decision
Bank of Israel's Interest Rate Decision ...
Bank of Israel's Monetary Policy Amidst ...
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Israel's economic growth is projected to slow to 2% in 2023 and 1.6% in 2024 due to the ongoing war in Gaza. The government's main estimate for 2024 is 1.6% growth, with the possibility of faster recovery potentially leading to 2.2% growth, while a continued war could result in stagnant growth of 0.2%. The war's impact is expected to have a negative effect on consumer sentiment and private spending, leading to stagnant growth.
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How could the war's financial impact on Israel's economy influence its international economic standing and financial relationships?
How might the ongoing war in Gaza affect Israel's long-term economic stability and growth trajectory?
What measures might the Israeli government take to mitigate the negative impact of the war on consumer sentiment and private spending?
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