Israeli Economy Expected to Outpace All Other Western Countries Staff
Posted: Oct 09, 2013 10:16 AM
The International Monetary Fund said on Tuesday that it expects the Israeli economy to be the fastest growing Western economy in 2013. The Israeli economy is predicted to grow by 3.8% in 2013 and 3.3% in 2014. The U.S. economy grew by 1.6% in 2013 and 2.6% in 2014 while the Eurozone is only expected to grow by 0.4% this year and 1% in 2014.