Just as in looking at inflation, here too we ask ourselves to what extent developments in Israel derive from what is happening abroad, and how much of it is derived from what is happening here. In 2013, GDP grew by 3.3 percent, but if we adjust for the effect of the start of natural gas production, growth was about 2.5 percent.
We have also successfully constructed an econometric model for systemic risk assessment, and are working now on improvement of our Financial Stability Report, a statutory report submitted biannually to the National Assembly, so that it can be recognized at the global level.