As of April 2025, Israel’s economy is showing signs of recovery, with the OECD (Organisation for Economic Co-operation and Development) forecasting a growth of 3.4% in 2025 and 5.5% in 2026, depending on geopolitical stability. However, Israel’s financial situation is under scrutiny due to high military spending amidst ongoing conflicts. The Governor of the Bank of Israel, Amir Yaron, has criticized the 2025 wartime budget, suggesting it doesn’t do enough to reduce the country’s debt. Meanwhile, Finance Minister Bezalel Smotrich is pushing for the removal of the remaining US import tariffs to strengthen trade ties. Israel’s credit rating has been affirmed by Fitch Ratings, though it carries a negative outlook due to the financial burden of its military operations.
Pray for divine wisdom upon the authorities to steward Israel’s finances wisely toward growth and prosperity. Pray for the leaders to find an effective solution to reduce the country’s debt while maintaining security (The Holy Bible, Proverbs 8:15).
Pray for geopolitical stability and economic recovery in Israel. Pray for peace and protection of all the people in the country (The Holy Bible, Psalm 122:6).
News Source: Jerusalem Post, Reuters
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