Category: widens
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Pay gulf widens between public and private sectors under Starmer
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Public sector workers now earn about 6 per cent more than their private sector counterparts – three times the gap seen at the start of this year – according to new analysis by the Decision Foundation. The think tank’s research suggests that a series of generous pay settlements under Sir…
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Israel’s fiscal deficit widens for 18th consecutive month
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Israel’s fiscal deficit has risen again for the 18th consecutive month, after reaching zero in March 2023. The deficit in the 12 months to the end of September this year reached 8.5% of GDP, or NIS 165.8 billion, the accountant said. General of the Ministry of Finance, Yali Rotenberg. I…
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UBS sets out forecasts for shekel as conflict widens
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In a survey of the Israeli economy, Swiss bank UBS notes that the economy has been in a difficult and complex situation since the Hamas attack on October 7, 2023, and sets a forecast for the shekel based on three scenarios. “GDP and the financial hit to the Israeli economy…
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Israels fiscal deficit widens to 8.1% of GDP
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Israel’s fiscal deficit continued to widen in July, reaching 8.1% of GDP over the past 12 months, or NIS 155.2 billion, according to Finance Ministry General Accountant Yali Rotenberg, up from 7.2% of GDP at the end of May. The fiscal deficit has grown in each of the past 16…
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Israel’s fiscal deficit widens further
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The fiscal deficit reached 7.6% of GDP over the past 12 months, according to Finance Ministry Accountant General Yali Rothenberg. According to the Finance Ministry’s General Accountant Yali Rotenberg, Israel’s fiscal deficit widened further in June, reaching 7.6% of GDP over the past 12 months, or NIS 146 billion, up…
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Israel’s fiscal deficit widens to 7.2%
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Israel’s fiscal deficit continued to widen in May, reaching 7.2% of GDP over the past 12 months, or NIS 137.7 billion, according to Finance Ministry Accountant General Eli Rotenberg, compared to 6.9% of GDP. At the end of April. The fiscal deficit target for the end of 2024, as set…
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Fiscal deficit widens beyond government’s target
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Israel’s fiscal deficit continued to widen in April, reaching 7% of GDP over the past 12 months, or NIS 132.2 billion, according to Finance Ministry Accountant General Eli Rotenberg. Israel’s fiscal deficit continued to widen in April, reaching 7% of GDP over the past 12 months, or NIS 132.2 billion,…