Israel's accumulated deficit over the last 12 months shrank to 5.3% of GDP as of February, following significant tax changes implemented to contend with the economic impacts of the Israel-Hamas War. The February monthly deficit was NIS 6.1 billion, compared to last February's deficit of NIS 13.6 billion. Since the beginning of the year, the country has seen a surplus of NIS 16.7 billion compared to a deficit of NIS 11.5 billion for the same period in the previous year.
image sourced from original article at https://www.jpost.com/business-and-innovation/banking-and-finance/article-845474Original article source: https://www.jpost.com/business-and-innovation/banking-and-finance/article-845474
Source Id: 8583664944
