BREAKING NEWS

Bank of Israel presents 2009 financial report to PM

Prime Minister Binyamin Netanyahu on Wednesday received the Bank of Israel 2009 Annual Report from BOI Governor Stanley Fischer, who said that, "The 2009 report describes a more successful year than we initially expected. The growth forecast for 2010 is higher than the 0.7% growth that was achieved in 2009." 
Netanyahu commended Fischer on his work and on accepting another term in office.
"The last quarter of 2009 was marked by 4.9% growth in GDP, a very respectable figure and almost the highest among developed countries. You make growth forecasts while I set growth targets," said the prime minister. "We will continue to move forward with reforms so that growth will be higher than 0.7%. We will continue to advance the economy so that the next report is even better."
Subscribe for our daily newsletter
Subscribe for our daily newsletter

By subscribing I accept the terms of use and privacy policy

Read all Tweets >