Recently, the Bank of Israel commenced its “Digital Shekel Challenge,” an initiative for fintech to spearhead the creation of Israel’s digital ledger
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.
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.
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.
GDP impairment is affected by both army reserves mobilization and restrictions on Palestinian laborers, creating supply issues.
Much of the report's analysis of the situation in Israel focused on comparing the outlook for Israel's economy if the situation in Israel's north escalates to if it does not.
Since the war began, public demand for building fortifications has surged. However, for private homes and apartments without safe rooms, the initial high demand for fortifications has now plateaued.
"The Israeli economy has the necessary foundations to come back and prosper after the war," said Amir Yaron.
Leumi continues to focus on growing its corporate, commercial, and mortgage credit portfolios.
It reiterated that the interest rate path will be determined by future inflation, and continued stability in the financial markets, economic activity, and fiscal policy.
JPOST Digital Library
