Capital Market

by Ifi Reporter
Category: Capital Market
Small and medium-sized businesses employ 65% of the labor force in the Arab sector - but the financing products in the economy are not tailored to them. This situation will be tried to change by a new fund owned by the state and a public association, and it will provide 250 loans amounting to NIS 15 million. The fund was established by the Koret Funds Association and the Small Business Agency in the Ministry of Economy, and will provide a solution for registered, existing and new businesses that have not received a loan through the state-guaranteed fund in the past year, as well as for...
Apr 25, 2021

by Ifi Reporter
Category: Capital Market
19th place in the world in the GDP per capita ranking - the figure that sounds almost dreamy, appears in the IMF database. With $ 43,689, Israel is below only 18 countries out of 194 countries in GDP per capita in nominal terms. These IMF figures present a flattering picture, but they are problematic. When you look at the significant figure that allows comparison to other countries - GDP per capita in terms of purchasing power parity (PPP), GDP per capita in Israel is $ 40,547, and its place in the world ranking is 35, similar to what it had for several years And Macau, we are about 30th...
Apr 27, 2021

by Ifi Reporter
Category: Capital Market
The recovery of the economy is much broader than expected. April recorded a record state revenue for this month from taxes in recent years. Despite the holidays, total tax revenue in April 2021 was NIS 30 billion. The data, which will be officially published on Sunday, show that this is an increase of close to 30% compared to the state's tax revenues in April 2019, before the corona crisis, which amounted to NIS 23.6 billion. In April 2020, of which the first closure was for 19 days, tax revenues were particularly low at NIS 21.9 billion. The increase in tax revenues last month is due to...
May 6, 2021

by Ifi Reporter
Category: Capital Market
A new record in the Bank of Israel's foreign exchange reserves rapidly approaching $ 200 billion. Foreign exchange reserves totaled $ 193.996 billion at the end of April 2021, an increase of $ 8.316 billion compared to the end of March. The balances constitute 48.1% of gross domestic product. The increase in balances is explained by foreign currency purchases by the Bank of Israel in the amount of $ 5.266 billion and transfers by the private sector in the amount of approximately $ 186 million. In addition, foreign currency reserves were revalued in the amount of approximately $ 3.129...
May 7, 2021

by Ifi Reporter
Category: Capital Market
The government deficit continues to decline, amounting to 11.2% of GDP in the last 12 months (May 2020-April 2021); This is after the first time since the outbreak of the corona crisis was recorded in March, a decrease compared to the previous month - to 12.1%. State revenues amounted to NIS 35.5 billion in April (NIS 31.4 billion of which are tax revenues). This is about 10% of the state's revenue forecast for 2021. The state's capital raising was (gross) in April NIS 16.8 billion in the domestic market, and NIS 400 million abroad. In April, NIS 10.3 billion was repaid from the total...
May 9, 2021

by Ifi Reporter
Category: Capital Market
President of the Manufacturers' Association Ron Tomer The damage to the entire economy from the three days of fighting is estimated at five hundred and forty million shekels. According to him, the Israeli industry continues to produce under fire with a poorer presence of workers The Manufacturers' Association's estimate is based on the assumption that about a third of the employed in the south of the country were absent from work and ten percent of the workers in the center of the country Following the riots and riots across the country: tens of millions of shekels in damage to...
May 13, 2021

by Ifi Reporter
Category: Capital Market
The Israeli economy contracted by 1.7% in the first quarter of 2021, relative to the fourth quarter of 2020. The decline in GDP, according to a first estimate by the Central Bureau of Statistics, was mainly due to the consequences of the corona crisis - the sharp closure in January and February. On an annual basis, there was a decrease of 6.5% in GDP compared to the fourth quarter of 2020 The negative data for the quarter contradict the early forecasts of analysts, who believed that the Israeli economy would actually continue to recover after emerging from the corona crisis. For example,...
May 18, 2021

by Ifi Reporter
Category: Capital Market
The number of job vacancies in April was about 130.3 thousand, and this is again the highest estimate observed since the beginning of the survey in 2009. This is according to data from the Central Bureau of Statistics. According to the data, along with the broad opening of the economy last month, the number of job vacancies actually continues to rise, with the previous record also recorded in March with about 112,500 job vacancies. According to the data, the vacancy rate in April was 4.86% compared to 4.63% in the previous month. The vacancy rate in the hospitality and food industries...
May 19, 2021

by Ifi Reporter
Category: Capital Market
The Employment Service report, the first part of which is published today, shows that the number of jobseekers claiming unemployment stood at 490,855 in April, and decreased by 14.4% compared to March. The cumulative number of all jobseekers also decreased by 13.6%. Regarding this figure, it should be noted that most of the decrease was recorded among jobseekers who were on unpaid leave. The number of job seekers registered is the lowest since the second closure. There was also a significant improvement in the number of job seekers in relation to each vacancy: in April the best figure was...
May 24, 2021

by Ifi Reporter
Category: Capital Market
Customers from all over the country came to support businesses in the southern region after the ceasefire after 11 days of fighting. They did shopping to sit in containers in the city, and so people had to wait in long minutes until a table became available for them. In Ashkelon, too, the cafes were filled with people today, and in Roja's coffee, the parliaments returned. "We are returning to life in Ashkelon, everything is full, after two difficult weeks." "We waited patiently for the operation to end," says Herzl Gabriel, who arrived with his family from Tel Aviv. "We came to support the...
May 28, 2021