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16 May

Finance Ministry cuts economic growth forecasts as tax revenue and investments cool

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Treasury revises 2023 growth forecast down to 2.7% from 3% as economic slowdown will lower tax revenue this year by NIS 5.3b; sees judicial uncertainty affecting foreign investment

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Points: -41

Category: 
Tech Israel
budget deficit target
Israeli economy
economic growth
Israeli high tech
Israeli GDP
Israeli judicial overhaul
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