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March 14, 2013       Share:    

Source: http://www.jpost.com/DiplomacyAndPolitics/Article.aspx?id=306138

Finance Minister Reports on Israel's Economic Progress

(Jerusalem Post) Niv Elis - Outgoing Finance Minister Yuval Steinitz on Monday told the Knesset Finance Committee that Israel's economy went from shrinking 2.4% in 2009 to growing 3.1% at the end of 2012. The debt burden fell from 79.4% of GDP to 73.8% and Israel's credit rating rose to A+ from A. The unemployment rate fell from 9.5% to 6.5%, while GDP per capita grew 5.2%.

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