Posted on 04/03/23
| News Source: i24
Corruption in Israel is high compared to the rest of the world, according to the report
The Organization for Economic Cooperation and Development (OECD) published a report on the Israeli economy on Monday, in which it congratulates the country for its rapid recovery after the Covid-19 crisis, while warning that without addressing the integration of certain populations into the labor market, the economic situation of the Jewish state could deteriorate significantly.
The report recommends increasing the integration of ultra-Orthodox and Arabs into the labor market, noting that an important reform in this area is necessary, but also cutting allowances for students in Yeshivots (Talmudic schools), and conditioning allowances for children whose father works.
Without the integration of these populations, the OECD has warned that the debt to GDP ratio will reach 140 percent - a figure that will not allow it to do business in the global market and that will drive the high tech industry out of the country.
In addition, the report mentions the Israeli health system and indicates that about half of the doctors in Israel are approaching retirement age, a particularly high figure compared to other countries of the organization, which risks aggravating the shortage of health professionals. According to the report, the Jewish state is not training enough new doctors compared to its population.
The organization has also recommended deepening the fight against corruption, which remains high in Israel compared to the rest of the world.