Israel's target for meeting the organization's standards is the end of 2009.
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ISRAEL NEWS
BREAKING NEWS
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12:27
Russia to fulfill Syria S-300 missile system contract, Foreign Minister Lavrov says (AP)
Moti Bassok
Israel completes first stage of OECD membership process
Tax revenues down nearly 11% in July
But despite fears of an economic slowdown, imports still rose in July by 22% compared to the same month last year.
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BoI to halt dollar purchases ahead of schedule
When the Bank of Israel finishes beefing up Israel's foreign currency reserves by $10 billion, it will drop intervening in the forex market, a top central bank official said yesterday.
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Cabinet approves NIS 740m budget cut
6% cut will hit everyone but defense, education, and local authorities this year.
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Cabinet has to decide: Defense or education
Share the wealth and the evil, Finance Minister Bar-On tells ministers.
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BoI springs rate surprise
Interest rates will rise by 0.25% to 4%, confounding forecasts of nearly all capital market analysts.
with With TheMarker Staff 0 comments
Fischer as super-finance-minister
The central bank governor raised interest rates yesterday for two reasons: political and economic.
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Bank of Israel: 'Media attacks are deceptive and false'
The Bank of Israel responded to three different reports in the media at the end of last week by saying that for the past three years it has been undergoing a process of reforms.
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Dollar rallies by 5% as BoI to buy $100m daily
The Bank of Israel shocked foreign currency markets into an about-face, moments after it announced it would be increasing its daily dollar purchases to $100 million a day, up from $25 million.
with Ora Coren and Yuval Maoz 0 comments
Treasury demands BoI explain excess pay
Hearings are first step in forcing Bank of Israel officials to repay benefits
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Treasury demands BoI explain excess pay
Hearings are first step in forcing Bank of Israel officials to repay benefits
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Treasury demands BoI explain excess pay
Hearings are first step in forcing Bank of Israel officials to repay benefits
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Bar-On vows billions for Negev, Galilee
Finance Minister said the state needs to develop the periphery just as badly as the periphery needs to be developed.
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Bar-On yanks tax reform
Bar-On made clear to the top Finance Ministry management that he was canceling the reform because of the opposition from the Histadrut on taxing study funds.
with Haim Bior 0 comments
Fischer reacts to inflation with rate hike
Israeli interest rates for July will rise by 0.25% to 3.75%, the Bank of Israel announced/
with Sharon Shpurer and Nathan Sheva 0 comments
