Arab Today, arab today israel bank chief targets reduction of poverty and inequality
Last Updated : GMT 12:21:06
Arab Today, arab today
Arab Today, arab today

Israel bank chief targets reduction of poverty and inequality

Arab Today, arab today

Arab Today, arab today Israel bank chief targets reduction of poverty and inequality

Jerusalem - XINHUA

Israeli central bank governor Karnit Flug said on Tuesday that narrowing wage disparities and reducing poverty should be primary goals of the Israeli economy. "Israel's long-term challenge is to create an inclusive growth, a broad-based sustainable growth and more equitable distribution across the society," Flug said at the Calcalist Financial Conference in Tel Aviv, in her first public appearance since she was sworn in last week as the governor of the Bank of Israel. Flug added that such growth would support also reduction of poverty and inequality. Flug forecasts that the sluggish exports trend will continue due to a slowdown in global demand and a stronger shekel. "Israeli exports stagnated in the past two years and in the recent period even declined," Flug said, adding "the appreciation of the shekel has also had an impact." Israeli economic growth rate slowed more than expected to 2.2 percent due to a sharp drop in exports, figures released by the Central Bureau of Statistics showed on Sunday. Exports account for about 34 percent of the gross domestic product (GDP) of Israel. In September, Israel's central bank cut the annual growth forecast for 2013 from 3.8 percent to 3.6 percent, adding that gas production will account for 1 percent of the GDP. The central bank 's downward revision derived primarily from the moderation in the rate of growth of public consumption in 2013, and a negative impact on exports by continued geopolitical tension.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today israel bank chief targets reduction of poverty and inequality Arab Today, arab today israel bank chief targets reduction of poverty and inequality

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today israel bank chief targets reduction of poverty and inequality Arab Today, arab today israel bank chief targets reduction of poverty and inequality

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday