Transcription of ISRAEL* - OECD.org
{{id}} {{{paragraph}}}
3. DEVELOPMENTS IN INDIVIDUAL OECD AND SELECTED NON-MEMBER ECONOMIESOECD ECONOMIC OUTLOOK, VOLUME 2018 ISSUE1 PRELIMINARY VERSION OECD 2018169 ISRAEL* Growth is projected to strengthen to over 3 per cent in 2018 and 2019. Supportfrom fiscal easing, very low interest rates and a stronger external environment will boostdemand and employment. In a tight labour market, rising wage pressures are projectedto lead to a steady increase in monetary authorities must stand ready to gradually raise interest rates onceinflation is sustainably back in the 1-3% targeted range. Higher social spending andexpenditure on education and health care are welcome to foster more inclusive financing of these expenses with sufficient revenues would preserve budgetaryroom for manoeuvre and lower the risk of overheating. Reducing the existing large socialdisparities will be beneficial for growth, but will also requires intensifying structuralreforms that improve the skills and productivity of disadvantaged remains vigorousGDP growth accelerated to around 4 per cent year-on-year in the last quarter of 2017and first quarter of 2018.
3. DEVELOPMENTS IN INDIVIDUAL OECD AND SELECTED NON-MEMBER ECONOMIES 138 OECD ECONOMIC OUTLOOK,VOLUME 2018 ISSUE 2 – PRELIMINARY VERSION © OECD …
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document:
{{id}} {{{paragraph}}}