Discover the latest poverty data Latet has gathered >>
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On January 31, 2016, Secretary General of OECD presented to the government the biennial report on the Israeli economy. According to the report, Israel has the second-highest poverty rate among developed countries, standing at 18%. These large social gaps are occurring despite low inflation and a prudent fiscal and financial policy.
The report confirms that Israel has a strong economy and a weak society. A multi-year national plan with measurable objectives to alleviate poverty will reduce the gaps and help Israel reach an average poverty rate in the OECD within a decade.
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