On Sunday, in a forecast, Israel’s finance ministry said that the country’s economy might rise by up to 4.6% in 2021.
The forecast is based on the presumption that COVID-19 inoculations continue in the country, and infections begin to drop.
The Finance Ministry also said that if a less likely scenario was to take place, the economy might only grow by 1.9% in 2021.
Israel’s 2020 GDP statistics are still available, but estimates suggest that the economy shrank by 3.3% in 2020, although this is still lower than the 4.15% contraction predicted by the Organisation for Economic Co-operation and Development.
The Panthera Post 