Minister of Finance Yuval Steinitz estimates that the Israeli economy will grow faster in 2013 and 2014 than his ministry has forecast up to now.You mean, a few haters screaming outside a cosmetics store in London don't negatively affect Israel's economy?
Steinitz was speaking last night at the annual conference of insurance and pensions industry organization "Adif", in Ramat Gan. "The Ministry of Finance Research Division has updated its growth forecast for 2013 and 2014. The growth forecast for 2013 is 3.5%, and for 2014 3.9%," Steinitz said.
The ministry's previous growth forecast was 3% for 2013, and 3.4% for 2014.
"Assuming that the growth forecast is realized, and this is a realistic forecast prepared by the Research Division and supervised by the ministry, Israel will continue, for the next two years as well, to be the number one growth economy among all the countries of the developed Western world."
Here's a condolence card you can send your favorite Israel-hater.
(h/t @LizH1974 for the condolence card idea)