ECONOMIC OUTLOOK
January, 2003

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A.Economic Policy in the 2003 Budget
1. Main Remarks
2. Budget Policy
3. State Tax Revenue Forecast for 2003
4. Composition of the Budget and Structural Changes
5. Wage Policy and Government Personnel
6. Financing the Deficit and Policy vis-a-vis the Capital-Market
7. Monetary Policy
B. The Poverty Problem and Social Policy
in the 2003 Budget
1. General Remarks
2. Poverty and Inequality in Israel Today
3. Reasons for Poverty and Disparities
4. Transfer Payments as Tools in the War on Poverty
5. How to Tackle Poverty
6. Conclusions

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