Bank of Israel slashes growth prospects as Iran war takes toll on economy

NEWS SUMMARY

The Bank of Israel has lowered its economic growth forecast due to the ongoing conflict with Iran, citing concerns about its intensity and duration. Governor Yaron also criticized the government for approving coalition funds during wartime, while the central bank maintained high borrowing costs.

This page aggregates and summarizes reporting from Times of Israel. The Conflict Pulse does not author original reporting. Read the original source for full coverage.

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CONFLICT OVERVIEW

Israel–Palestine

The Israeli-Palestinian conflict is an ongoing military and political conflict in the Levant, with recent major escalations beginning in October 2023.