Israel: Staff Report for the 2006 Article IV Consultation

January 23, 2007

Preview Citation

Format: Chicago

Israel: Staff Report for the 2006 Article IV Consultation, (USA: International Monetary Fund, 2007) accessed December 26, 2024

Summary

This 2006 Article IV Consultation highlights that strong macroeconomic conditions and sound domestic policies have significantly improved Israel’s growth performance and prospects, notwithstanding political uncertainties and the hostilities in the north during the summer of 2006. Inflation pressures are subdued, and monetary policy has been easing as of late. Financial soundness indicators have been recovering although some weaknesses on bank balance sheets that relate mainly to previous boom–bust cycles remain. For 2007, real GDP growth is forecast about 4½ percent.

Subject: Budget planning and preparation, Fiscal policy, Government debt management, Inflation, Prices, Public debt, Public financial management (PFM)

Keywords: Australia and New Zealand, Budget deficit, Budget planning and preparation, Central government budget deficit, Consumer price index inflation, CR, Decision process, Global, Government debt management, Headline inflation, Inflation, ISCR, Keeping inflation expectation, Policy, Policy rate, Rate, Rate cut

Publication Details

Pages:

53
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/024
Stock No:

1ISREA2007001
ISBN:

9781451819625
ISSN:

1934-7685

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