Israel will see a loss in gross domestic product of 0.2% if the coronavirus epidemic lasts for three months, but the hit could reach more than 1% if it lasts for an extended period, Finance Ministry Chief Economist Shira Greenberg said on Monday.
Her forecasts, which assume that the virus will not infect large numbers of Israelis and have a direct impact on the Israeli economy, came as the country’s top economic policy makers met in Tel Aviv to assess the situation.
Full Story (Haaretz)
