Yisrael Katz Photo; ASAP Creative Shutterstock Israel's fiscal deficit narrows as economy begins recovery

Israel's fiscal deficit fell to 12.1% of GDP for the 12 months to the end of March 2021, the Ministry of Finance reports.

Ofra  Strauss  credit: Shai Yehezkel Top exec pay keeps rising in Covid year

The aggregate cost of the 100 highest paid executives at TASE companies rose 16% in 2020. Only two women make the list.

Amir Yaron BoI bought $13.7b foreign currency in Q1 2021

The Bank of Israel has bought nearly half the amount of foreign currency in the first quarter that it announced it would buy in all of 2021.

Stef Wertheimer Credit: Reuters 21 Israelis make Forbes 2021 billionaires list

Stef Wertheimer ranked 432 with a fortune worth $6.2 billion is the country's richest person.

IMF raises Israel growth forecast for 2021

The International Monetary Fund sees 5% growth in 2021, rising inflation, and is optimistic on unemployment.

Shekel Photo: ASAP Creative Shekel gains as IMF raises Israel growth forecast

The IMF has revised Israel's growth forecast for 2021 upwards from 4.1% to 5%.

Prof. Amir Yaron BoI: Covid-19 damage to economy 4 times sub-prime

The Bank of Israel is especially concerned at the unemployment rate, and says fiscal policy must be brought under control.

Salary slip Average salary in Israel up 10.5% in January

The average monthly salary in Israel in January 2021 was NIS 11,953, but hundreds of thousands of employees in low paid sectors were furloughed.

JFrog IPO / Photo: SO&CO event management JFrog expanding Tel Aviv office, hiring 300 worldwide

The Israeli automatic software update platform developer has leased three floors in the H-Tower Recital in Tel Aviv.

London  photo: Reuters How UK tax changes could affect Israelis

Israelis who invest in the UK should take note of the Chancellor of the Exchequer's recent budget.

Haifa  credit: PR Can anything stop Haifa's decline?

Home prices rose last year in all of Israel's 16 largest cities, except one.

Benjamin Netanyahu  / Photo: Shlomi Yosef Netanyahu is all give, but from where will he take?

The prime minister promises grants and tax cuts, but hasn't specified how they'll be paid for.

Gideon Sa'ar, Benjamin Netanyahu, Yair Lapid How the parties will tame the deficit

"Globes" asked the political parties seeking election to the Knesset to set out their economic platforms.

Shulamit Geri  credit:Eyal Izhar The woman to change the Bank of Israel

Newly installed CEO Shulamit Geri wants Israel's most conservative financial institution to become more like a private enterprise.

Queues outside supermarket  / Photo: Eyal Izhar, Globes Israeli economy's 2020 performance not what it seems

A decline of just 2.4% in GDP looks like success in dealing with the pandemic, but, as always, the devil is in the details.

Haredi bakery Photo: PR Do Israel's haredim really live off the state?

In an election period, attacking the haredi orthodox community yields political gains, but the figures show the attacks are off the mark.

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