The International Monetary Fund forecast at 3.5% is more optimistic than Bank of Israel’s, which predicts the economy will grow 3% for 2015, but Bank of Israel predicts a lower unemployment rate.
IMF forecast a 1.6% inflation rate in 2014 & even less than 2% for 2015.
By Zeev Klein
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The Israeli economy will grow by 3.5 percent in 2015, up from 3.2% in 2014 and 3.4% in 2013, the International Monetary Fund said in its World Economic Outlook mid-year report.
The Bank of Israel predicts growth of 3% for 2015 – Photo: Contact
The IMF outlook is more optimistic than that of the Bank of Israel, which is predicting growth of 3% in 2015, or 2.8% without production from the Tamar natural gas reserve.