Bank of Israel
Israel's next government faces heavy debt, high defense costs
With estimated war costs of NIS 350b and public debt near 70% of GDP, Israel’s next government must balance surging defense spending with urgent education and labor market reforms.
'In a year, we will be in a whole new world': Bank of Israel official's forecast
The number left out of the CPI, but weighing on almost every household
Israeli banks could be hit: Major concern over European sanctions
Bank of Israel to hold rates even as inflation rises: Reuters poll
"A prolonged war on multiple fronts could weaken economic activity further and heat inflation, raising the risk of stagflation," Barclays economist said.
No. 26: Amir Yaron: Fighting to stabilize Israel's economy
Amir Yaron, the governor of the Bank of Israel, has worked to stabilize the shekel in the face of the multifront war and international boycotts.
Israel's central bank extends war economic aid package
Residents of the South up to 7 km. are eligible for extended benefits, as opposed to residents up to 30 km. from the border as previously.
Nagel committee rewrites national security doctrine, Hezbollah sends rocket barrage
Many observers have raised questions about how the Nagel committee will be able to reach the optimal conclusions regarding Israel’s future defense posture without a review of the October 7 failures.
Israel's interest rate remains unchanged at 4.5%, Bank of Israel says
Uncertainty about the 2025 budget and adjustments needed to shrink the deficit may make lowering inflation harder, the BOI said.
Israeli banks refusing shekel cash deposits from West Bank, Palestinian officials say
The ‘Digital Shekel Challenge’ advancing Israel’s economic future
Recently, the Bank of Israel commenced its “Digital Shekel Challenge,” an initiative for fintech to spearhead the creation of Israel’s digital ledger
Israeli leaders kick off 2025 budget talks as war costs push up 2024 deficit
Netanyahu and economic officials discuss Israel's 2025 budget amid fiscal challenges from ongoing conflict, aiming for parliamentary approval by year-end amidst rising deficit concerns.
Bank of Israel waiting for digital Euro ahead of digital Shekel launch
The Bank of Israel plans to improve its payment system with a digital shekel, but it is waiting for other advanced economies to launch digital currencies.
People buy apartments without realizing: Have we become Las Vegas or a madhouse?
The Israeli economy is collapsing, with many buying apartments using contractor loans, revealed by Bank of Israel data. Ofer Petersburg expresses concern in this special column.
