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شبكة فلسطين الإخبارية
Bank of Israel warns after elections
According to a report by the Bank of Israel, there are potential political and economic risks following the upcoming Knesset elections. These include uncertainty over the election results, deepening social divisions, and negative impacts on the independence of institutions. There is also a risk of escalating regional tensions, which could lead to increased military spending and inflation. The bank expects that ongoing tensions and security concerns may result in more calls-up of reserve forces, worsening labor shortages, and higher military expenditure costs, all of which could hinder economic growth. Growth is projected to reach 5.6% in 2026 and 7.5% in 2027, with significant contributions from external companies' production. The economic activity within Israel is also directly affected, with expected domestic activity to remain below pre-war levels due to labor shortages, with forecasts linked to security and political developments and the decisions of the new government.
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