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Israel Bank

Israel Bank latest

Bank of Israel lowers growth forecast in fear of war expanding into 2025
July 8th, 2024 - 09:45 GMT

Bank of Israel lowers growth forecast in fear of war expanding into 2025

ALBAWABA - The Bank of Israel has lowered its growth forecast for both this year and the following one, citing a "high level" of political uncertainty and a growing belief that the Israeli war on Gaza would go longer and expand more vigorously than first anticipated. The prediction for the future growth of the GDP was reduced by the central bank, bringing it down to 1.5 percent in 2024 and ...
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