Deficit

11 stories about Deficit
כנס מטרו 2023 יהלי רוטנברג החשב הכללי

Israel achieves record $8 billion bond sale despite October 7 attacks and downgrade

06.03.24|Reuters and CTech
Demand for the dollar-denominated offering reached $38 billion, the highest ever for an Israeli international debt issue. Some 400 investors from 36 countries participated
בנימין נתניהו ראש הממשלה בצלאל סמוטריץ שר האוצר

Why Israel's deficit is actually $11 billion larger than reported

03.03.24|Adrian Filut
According to Prof. Momi Dahan, the deficit in 2024 is much larger than the one shown in the budget book, standing at NIS 170 billion ($47 billion) and making up 9% of GDP
האנליסט הראשי האחראי על דירוג ישראל בחברת הדירוג הבינלאומית S_altP מקסים ריבניקוב

Israel's credit rating faces S&P threat if conflict broadens beyond Gaza, warns Director

28.01.24|Reuters
"The negative outlook on the ratings implies that we currently see at least a one-in-three chance of a downgrade over the next one to two years," said Maxim Rybnikov, director of EMEA Sovereign & Public Finance Ratings at S&P
צוות הקרב של חטיבת גבעתי ב חאן יונס חיילים לוחמים צה"ל מלחמת עזה 9.1.24

War spending sees Israel budget deficit skyrocket to 4.2% of GDP in 2023

11.01.24|Reuters
In December, the deficit was 33.8 billion shekels ($9.0 billion), versus 18.5 billion a year earlier, as spending on the war was 17.2 billion shekels, while tax revenue slipped 8.4%
חיילי צה"ל ב רצועת עזה 3.12.23 מלחמה בעזה חרבות ברזל

Israeli Treasury estimates deficit will deepen and stand at 4% at year’s end

10.12.23|Shlomo Teitelbaum
According to the Accountant General, at the end of November the deficit in the past 12 months stood at about 3.4% of GDP, which is about NIS 62.3 billion, after an increase of 0.8% within a month - mainly due to the war. Tax revenues decreased by about 16.5%
ג'יי פי ג'יי.פי מורגן צ'ייס ניו יורק

JP Morgan warns: "Investors should pay more attention to Israel's budgetary risks."

16.11.23|Adrian Filut
The investment giant warns of the enormous budgetary and financial challenges of the economy following the war: "The cumulative deficit of the government may reach 9% by the end of 2024."
בחירות 2020 בנימין נתניהו יו"ר הליכוד ו ורעיתו שרה מצביעים

Whatever the Results of Monday’s Election, Israel Must Pass a Budget for 2020

02.03.20|Omri Milman
As Monday's election is unlikely to bring an end to Israel’s political limbo, it is becoming apparent that a state budget might need to be abnormally passed without an elected government in place
ד"ר קארן ורטפטוב

Diminished Growth Could Hurt Israel’s Credit Rating, Says S&P Global Executive

24.02.20|Adrian Filut
Karen Vartapetov warns that a lengthy political crisis could have a negative impact, especially on the business sector, but is less worried about the long-term strength of Israel’s economy and its budget deficit
שירה גרינברג כלכלנית ראשית ב משרד אוצר

There Is no Alternative to Raising Taxes, Says Israel’s Chief Economist

07.10.19|Omri Milman
In a first interview since her January appointment, Shira Greenberg talked about Israel’s budget deficit, market productivity, and the taxation of tech exists
ועידה כלכלית לאומית 2019 פרופ' אמיר ירון נגיד בנק ישראל 2

Israel's Budget Deficit a Crucial Problem, Says Bank of Israel Governor Amir Yaron

02.09.19|Raheli Bindman
The next government must prioritize Israel's fiscal issues and the ballooning deficit while implementing steps to increase market productivity, Yaron said Monday during Calcalist and Bank Leumi's National Economic Conference in Tel Aviv