Israel’s election: what it means for the macro outlook
lsrael’s upcoming election is unlikely to have a major impact on the country’s near-term growth outlook or fiscal trajectory, but it will have significant medium-term implications. An opposition-led government would probably ease diplomatic risks, reduce concerns about institutional backsliding and ease labour supply constraints. That prospect might support local financial markets, although we think the shekel and equity market are still most likely to fall next year alongside US tech stocks.
We’ll be discussing Israel's election and answering your questions in an online Drop-In briefing at 2pm BST on Tuesday 20th October. Register hereto join.
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