Israeli bureaucracy in the incorporation of economic enterprises reduces employment and growth opportunities

The Economic Scene

Tax incomes surpass ceiling by 6%
90,000 new cars in three months
Kahlon recruits 6 international construction companies
Overnight foreign tourists drop by 21%

 

The Israeli Ministry of Finance reduces growth projections for both 2016 and 2017

Bank of Israel’s Annual Report:
Low growth is a result of external and local influences