May 25, 2004
Embassy of Israel Briefing

Recent economic data shows that Israel's economy is improving. Exports and imports are increasing, and public expenditure is being restrained. Preliminary results of structured reforms in taxes, the labor market and transfer payments are becoming evident. Please CLICK HERE to read about these positive developments, as they are being reflected in the Bank of Israel's and IMF's assessment and outlook.

Moshe Fox
Minister for Public Affairs
Embassy of Israel, Washington DC