Israeli economy grew by 8.1% last year, surpassing all forecasts
Israel records highest financial growth rate in 21 years; Liberman credits government’s policy of ‘living alongside the coronavirus’https://www.timesofisrael.com/israeli-economy-grew-by-8-1-last-year-surpassing-all-forecasts/Israel’s Gross Domestic Product (GDP) grew by 8.1% in 2021, surpassing previous forecasts and marking the highest financial growth rate recorded in Israel in 21 years, according to data published by the Central Bureau of Statistics on Wednesday.
According to the data, the fourth fiscal quarter of 2021 saw a staggering 16.6% growth in GDP, bringing the yearly average to 8.1%, the highest since 2000, when Israel’s growth rate stood at 8.4%.
The Bank of Israel had estimated that the growth rate would reach 6.5% in 2021. More optimistic estimations, made by experts in the Finance Ministry, pointed to a 7.1% growth, according to the business news outlet Calcalist.
Finance Minister Avigdor Liberman was quick to take credit for the impressive figures, claiming the coalition’s policy of keeping Israel’s economy open despite the pandemic led to the economic growth.
“The policy I’ve promoted of ‘living alongside the coronavirus’ with no lockdowns, no unpaid vacations, and passing a revolutionary budget, have allowed us to break records and surpass all forecasts, leading the State of Israel to the first place in growth among Western countries,” Liberman tweeted.
More at link. Israel has been blessed with good leadership that wisely stayed out of the globalist reset.
