The International Monetary Fund (IMF) annual delegation today
began its discussions in Israel.  This
delegation is being led by Craig Beaumont, and includes economists Aiko
Mineshima, Peichu Xie, Nan Geng As every year, the delegation will hold
consultations with leaders of the economy in both the public and private
sectors.  The delegation will meet with
Minister of Finance Moshe Kahlon, Ministry of Finance Director General Mr. Shai
Babad and senior officials from his ministry, and with Bank of Israel Governor
Dr. Karnit Flug and senior officials from the Bank of Israel. In addition, the
delegation will hold meetings with senior officials from various government
ministries, commercial banks, the Manufacturers Association, the Histadrut, academics
and others.

 

Upon the completion of its visit to Israel on February 8, the
delegation will submit a preliminary report to the Minister of Finance and the
Governor of the Bank of Israel.  The
detailed annual report will be written afterwards in Washington, and will be
submitted for discussion of the IMF’s Executive Board, as customary for every
member country of the IMF.

 

The IMF’s reports are widely distributed and generate great
interest in the global financial markets, and are influential in rating the
reviewed economies and on recommendations of global investment banks regarding
investment in the Israeli economy.​