Israel’s economic growth to slow to 2% in 2023, 1.6% in 2024 due to war -finance ministry

JERUSALEM (Reuters) – Israel’s economy is expected to grow 2% in 2023, down from a prior estimate of 2.7%, the Finance Ministry said on Thursday citing the effects of Israel’s war with Hamas.

In 2024, the ministry projects growth of 1.6%.

The economy grew 6.5% in 2022.

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