The Bank of Israel published an update on the International Monetary Fund’s annual mission to Israel, reporting that the IMF delegation has completed its meetings and submitted an initial report on the Israeli economy to the Minister of Finance and the Governor of the Bank of Israel. The IMF’s preliminary assessment points to a recovery in economic activity following the ceasefire and describes the economy’s resilience, while noting that the war has added to existing structural challenges, including low labour force participation among certain population groups. The initial report also includes recommendations for future fiscal and monetary policy paths. The IMF is expected to publish its final annual report on the Israeli economy in the near future, which the Bank of Israel indicated it will review once released.