Against this background, and assuming that the government will persist in the macroeconomic policy, the Bank of Israel recently published its forecasts for 2006, which show an expected growth rate of about 4.3 percent for GDP, and an even higher rate of 5.4 percent for business-sector product.
Investment is expected to rise by 4.5 percent, and it must be understood that economic growth in the last two years has not led to a resurgence of investments; if growth is sustained, the day will come when a resurgence of investments will provide it with additional momentum.