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  ECONOMY: Major Reforms

  The economic reform program embarked on by the government in 2003 continues to reduce the budget (as well as taxes) further and streamline the economy.

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  ECONOMY: The National Economy

  With its small economy and relatively limited domestic market, Israel's growth depends mainly upon expanding exports.

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  ECONOMY: Sectors

  Israel is today an industrialized country with most of its manufacturing, including many traditional fields, based on intensive and sophisticated research & development and hi-tech processe ...

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  ECONOMY: Achievements

  Israel's most striking economic achievement is the rate at which it has developed while simultaneously dealing with enormously expensive challenges.

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  ECONOMY: The Economic Picture

  Israel’s primary weapon in dealing with recession was an aggressive monetary policy.

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