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Expert explains Israel's 'miracle economy'

image sourced from original article at https://www.ynetnews.com/article/rkn7ooo6wl

An economic expert described Israel’s economy as highly resilient, saying ongoing conflicts do not undermine its core structure or long-term stability. According to him, the country has built an economic system designed to withstand periodic crises that tend to arise roughly every decade.

He emphasized that external threats are a constant reality, yet the national economy continues to perform strongly. Growth remains steady, with gross domestic product expanding at around 3 percent and projected to rise to between 4.5 and 5 percent in the coming years.

These figures, he noted, place Israel ahead of many advanced economies, including the United States and Germany, as well as members of the Organisation for Economic Co-operation and Development. He characterized the economy as operating at full strength despite ongoing security challenges.

Original article source: https://www.ynetnews.com/article/rkn7ooo6wl
Source Id: 9200936655

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