Monday, August 24, 2009

Israel's Minister of Finance: The Israeli economy is on the road to recovery

The positive indicators quoted by the Minister include, among others:

The large rises on the Tel Aviv Stock Exchange and other global stock markets

The 1% annualized growth in Israel during the second quarter of 2009

Higher direct and indirect taxes collected in June

The rise in the Bank of Israel's State of the Economy Index

The improvement in the industrial production index and production in the commercial sector

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