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OverviewAPI
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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