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Treasury revises 2023 growth forecast down to 2.7% from 3% as economic slowdown will lower tax revenue this year by NIS 5.3b; sees judicial uncertainty affecting foreign investment ....
According to the latest forecast, Israel’s economy is expected to grow by 2.7% in 2023, a decrease compared to the previous projection of 3% published in January. State revenues are now estimated to be NIS 463.6 billion, which is NIS 5.3 billion lower than the previous forecast. The revised forecast takes into account the assumption […] ....
Shira Greenberg's Forecast Comes Amid Slower Than Expected Economic Growth in Israel, Growing Signs of a Global Economic Slowdown and Ongoing Uncertainty Surrounding Prime Minister Benjamin Netanyahu's Planned Judicial Overhaul ....