Press: Israeli Growth Rate to Improve Further

Published August 3rd, 2000 - 02:00 GMT
Al Bawaba
Al Bawaba

Israeli experts have again revised upwards their estimates of economic growth this year, to between 5.5 and six percent, the daily Yediot Aharonot reported Thursday. 

An initial forecast of three percent was already upped to 4.5 percent last month by the central bank and the finance ministry. 

The Yediot report said the new estimated growth rate is expected to be maintained for the next two years. 

Unemployment, which stood at 8.6 percent in the first six months of this year compared with 8.9 percent in the preceding period, should also fall, the daily said - OCCUPIED JERUSALEM (AFP) 

© 2000 Al Bawaba (www.albawaba.com)

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