Record $158.3 billion in worldwide debts owed to Israel
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(Worthy News) – Israel is owed a record $158.3 billion in debts from countries around the world, according to figures published by the Bank of Israel and Central Bureau of Statistics on Monday.
This amount will be added to the BOI’s foreign currency reserves, which as of early 2019 stood at $115 billion, such that the bank’s “financial depth” will now stand at over $273 billion.
The sum provides a security blanket of sorts to help the country contend with potential local and global financial scenarios. [ Source: Israel Hayom (Read More…) ]
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