Israel's economic professionals have stressed it, Ratings agencies have said it - Israel needs a responsible budget for 2025, and it needs to show it can pass one now.
S&P also predicted that economic recovery will slow with real GDP growth of 0% in 2024 and 2.2% in 2025.
While equities and bonds have shown signs of recovery, European real estate remains at cyclical lows, offering a rare entry point.
Uncertainty about the 2025 budget and adjustments needed to shrink the deficit may make lowering inflation harder, the BOI said.
Smotrich's response to Gardos reflects the existing tension between the finance minister and one of the most important economic figures in the country.
El Al will offer round-trip tickets to international travel hubs Larnaca for $199, Athens for $299, and Vienna and Dubai for $349 through the end of 2024.
The Israeli government has amended tax laws to allow backdated pension contributions and early withdrawals from study funds due to the war.
The excess devaluation of the Shekel is still rising, according to the report, and stands at around 25% of what would have been expected before the announcement of the judicial reform.
Ultimately, the success of industry on the periphery is our success as a nation and as a society. We must act together to guarantee the economic and national resilience of the State of Israel.
A potential global loss of confidence in Israel's economy is one part of a twofold economic problem Israel is facing. Security spending in 2024 will be more than 10% of GDP
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