Dream - The Israeli economy is affected by the war they launched against the Hamas group in Palestine. Israel's economic growth in 2023 is estimated at 2 percent, down from the previous estimate of 2.7 percent.

The main factor burdening growth, according to the ministry, is poor consumer sentiment while exports are seen to have declined by 0.6% this year. However, the Israeli economy is expected to grow by 6.5% in 2022.

Policy makers say they are likely to refrain from lowering interest rates during the war and instead focus on targeted measures such as requiring banks to allow customers affected by the war to defer loan payments.