IMF: Haredi, Arab unemployment a danger to the economy

By JPOST.COM STAFF
February 13, 2012 12:09




Unemployment in the haredi (ultra-Orthodox) and Arab sectors pose a long-term threat to Israel's economy, the International Monetary Fund (IMF) said on Monday.

The IMF mission submitted the preliminary version of its annual report on Israel's economy Monday, according to Israel Radio.

The fund report also praised Israel's new two-year budget process, saying it strengthens the government's ability to fulfill policy objectives.

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