Fischer: Decrease in world economic growth will affect Israeli economy

April 2, 2008 10:49

The Israeli economy will be affected by the deceleration of international economic growth, Bank of Israel Governor Stanley Fischer said Wednesday. However, he commented that "the government and the Bank of Israel can control the extent of the blow on the Israeli economy." Fischer added that "we will continue to go in the direction we have been going in the past years." The Bank of Israel Governor made these comments at a special discussion at the Finance Committee, held on the initiative of the committee chairman MK Stas Meseznikov (Israel Beiteinu).

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