Investment in infrastructure: Israel has been reducing the disparities in the last decade

by time news

At the beginning of the decade, Israel was in a significant gap with the OECD in investment in physical infrastructure such as roads, railways, and oilfields, as a percentage of GDP. Starting in 2016, investment in fixed assets in Israel became much closer to that accepted in the OECD, but the gap we accumulated is still noticeable. In 2020 There has been a jump in investment in infrastructure, both in Israel and in the OECD, due to the corona closures that accelerated work and due to the reduction of GDP. For a rapidly growing country, such as Israel, investment in infrastructure is essential, because there is a constant need to catch up with population growth.


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