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Quarterly Review Presented by the Minister of Finance for the Finance Committee Macro-Economic Review

Quarterly Review Presented by the Minister of Finance for the Finance Committee Macro-Economic Review. Ministry of Finance May 2012. Y2011 - Summary.

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Quarterly Review Presented by the Minister of Finance for the Finance Committee Macro-Economic Review

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  1. Quarterly Review Presented by the Minister of Finance for the Finance CommitteeMacro-Economic Review Ministry of Finance May 2012

  2. Y2011 - Summary *Recently The Central Bureau of Statistics changed the method of surveying human resources - as a result the unemployment rates slightly increased.

  3. Growth Trends in Unemployment for Israel and Worldwide (Percentage)2008-2012 2012 – Based on the latest published data

  4. The Labor Market – Q1 2012 * Rate of unemployment assuming the participation rate is 62.2%

  5. Forecast for 2012

  6. Forecast of the International Monetary Fund Rate of Product Growth In parenthesis – the change in the Fund’s forecast in percentage points compared to January 2012

  7. The S&P RatingIsrael and Western Europe 2011-2012 *Arrows represent improvement or decline in rating

  8. Increase in Investments2008 - 2011 Investments increased by 33% during the years 2010-2011

  9. The Growth Rate for 2011Main Sectors

  10. Growth – International Comparison2011

  11. The Price Index 2011-2012January 2011=100 Consumer Price Index 102.4 Cost of food After deducting seasonality 100.8

  12. The Tax Burden on Fuel, European Countries and Israel%, May 2012* *The tax burden in European countries as of April 2012. Source: The European Commission – processed by the Economics & Research Department

  13. Main Reasons for the Crisis in the Energy Market Implication: An increase of NIS 15 billion in the cost of electricity production

  14. The Main Measures for Coping with the Crisis in the Energy Market

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