First, I would be very interested to hear from my co-panelists as to what their perspective is on the state of cooperation between authorities and the private sector, especially when it comes to vital infrastructure like clearing and settlement systems. Are regulators in this room happy with what we have achieved so far? What do private institutions think should be improved and how?
Currently we are growing at a rate lower than that, if we don’t take into account the expected effect that the start of natural gas production will have on growth. The Israeli economy grew at an impressive rate in the years prior to the crisis, and the recession during the global crisis was relatively moderate.