The International Monetary Fund (IMF) has slashed its growth forecast for Israel, predicting a slow recovery after the war. The IMF projects real growth of just 0.7% in 2024, indicating a decline in per capita terms. The figures represent a significant drop from previous forecasts in April. However, the IMF's projections remain in the mid-range of various forecasts for the Israeli economy. The IMF also predicts inflation in Israel to slowly moderate and unemployment rates to remain low.
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