Economy · Full coverage
Israel's Deficit Falls to 3.3% of GDP in June Amid Revenue Growth
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
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First reported by Calcalist · 17 minutes ago
What happened
Israel's monthly deficit dropped to 8.6 billion shekels in June, reducing the annual deficit to 3.3% of GDP, supported by an 11.4% rise in state revenues.
- 01Israel's June deficit was 8.6 billion shekels, down from 16.8 billion last June.
- 02The 12-month cumulative deficit fell to 3.3% of GDP from 3.75% in May.
- 03State revenues in June totaled 45.7 billion shekels.
- 04Year-to-date revenues increased 11.4% to 307 billion shekels.
- 05The fiscal data reflects improved economic conditions and trade prospects in the Middle East.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
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