01814cas a2200241 a 4500 AALejournalIMF015511 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513536057 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Israel : Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Israel. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (70 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This 2015 Article IV Consultation highlights that Israel's economy has been doing well and near-term growth prospects are favorable. Following growth of 2.6 percent in 2014, the economy is expected to expand by about 2.5 percent in 2015 and 3-3.3 percent each year in the medium term. Employment creation has been remarkable-growing by 3.5 percent annually-and unemployment is at multi-decade lows. Inflation has been negative, but this trend reflects temporary external factors, not domestic weakness. Debt has declined to 67 percent of GDP from a peak of 94 percent of GDP in 2003 but is expected to increase for the first time since 2009, following the upward revisions to the deficit targets. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2015/261 Full text available on IMF http://elibrary.imf.org/view/journals/002/2015/261/002.2015.issue-261-en.xml IMF e-Library