Israel’s economy looks to rebound over the next two years should geopolitical tensions ease, although the country needs a host of structural reforms to support government finances and sustain growth over the long term, the OECD said on Wednesday.
Damaged by Israel’s wars with Palestinian militant group Hamas in Gaza and Hezbollah in Lebanon, triggered by Hamas’ cross-border attack on Oct. 7, 2023, Israel’s economy grew only 0.9 per cent
