As part of the privatization plan, the government is offering to sell 100% of the Israel Postal Co. to a private investor after completing a financial stabilization process

Entrepreneurs and investors warn of 'irreversible' damage to economy; outgoing Finance Ministry chief economist calls on government to clear up political uncertainty

Recent comments by government representatives and selection process of judicial panel bring some confidence back to Israeli markets erasing most of the losses of the past two weeks

International economic organization slightly lowers Israeli GDP forecast to 2.9% in 2023 and 3.3% in 2024, notes underperformance of shekel and local stock market

Bank of Israel head urges local banks to improve services by actively offering interest-bearing deposits to their customers

Bank of Israel head says economy has suffered significant shock in recent months due to proposed sweeping changes to judicial system

Continued shekel weakness is expected to make imported goods, including food and travel abroad, more expensive; economists see borrowing costs rising to 5% in coming months

In letter, former senior Bank of Israel and Treasury officials warn the planned funding of food vouchers and unregulated schools poses an 'existential threat to Israel's future'

Treasury revises 2023 growth forecast down to 2.7% from 3% as economic slowdown will lower tax revenue this year by NIS 5.3b; sees judicial uncertainty affecting foreign investment

Ratings agency says it expects Israel's economic growth to grow to 1.5% in 2023, down from 6.5% in 2022