Israel Finishes 2015 With Deficit of Just 2.15% of GDP, Lowest Since 2007

State revenues $917 million higher than anticipated, while government spending was $841 million lower than predicted.

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The government wrapped up 2015 with a deficit of 24.5 billion shekels ($6.25 billion), representing just 2.15% of the country’s gross domestic product and making it the smallest deficit since 2007. Most of the...