Sharon: Disengagement improved economy

November 10, 2005 15:34


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Prime Minister Ariel Sharon spoke on Thursday about the tremendous improvement of the Israeli economy and expressed great optimism for the future. Speaking at the Prime Minister's Conference for Export and International Cooperation, he credited the improvement to the disengagement performed in September. "[The disengagement] was not a financial plan, of course, but its financial ramifications were immediate and far-reaching," Sharon stated. He claimed the process led to a return of both investors and tourists to Israel. He pledged that the government would now focus on a combined financial and social approach to improve the economy further. Financially, he set a goal of a 4-5% economic growth every year for the next decade. On the social front, the prime minister promised that while improving the economy, suitable solutions would be found for the economically weaker classes.

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