Strong consumer confidence, higher tax revenues and restrained government spending are helping Israel’s economic growth. The Economist magazine raised its economic growth forecast for Israel to 3.4 percent for 2004 and said the aforementioned factors could speed Israel’s export-led recovery and push the budget deficit below the 4 percent GDP target, to 3.5 percent.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
