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اقتصاد| الجزيرة نت
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اقتصاد

2026-10-31T17:40:49.000Z

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New Oslo to save economy

New Oslo to save economy

Economist Wael Karim warned that rescuing the Israeli economy would require ending the war and engaging in peace talks that lead to the establishment of a Palestinian state. He cited the Oslo Accords, which were followed by an economic and investment boom. Public debt is approaching $500 billion, exceeding 68% of GDP, while military spending is nearing 8% of GDP. Debt could surpass 70% by the end of the year, with the risk of a fourth credit-rating downgrade. Karim urged the next government to make bold decisions, including structural reforms, new taxes and a review of public spending. He warned that the crisis would worsen if the United States stopped covering part of the cost of the war.

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