Poverty Rate in Israel

Biennial Report on Israeli Economy

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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