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55 November, 2020 Israel Global: 17 Availability: 20 Cost: 23 Regulation: 47 Productivity: 3 2020 Global TWI Ranking (out of 76) 2020 Regional TWI Ranking (out of 40) Region: 11 Availability: 12 Cost: 9 Regulation: 31 Productivity: 1 Remote Readiness 20 Remote Readiness 31 $25.9 billion has been spent in Israel in response to the Covid-19 pandemic. The key policies that have been implemented to mitigate the financial impact of Covid-19 include: • Expansion of the eligibility for unemployment benefits and grants for the self-employed • Tax relief for businesses and business grants • Investment in infrastructure for IT and digitalization • Support for families, vulnerable people and the elderly https://www.imf.org/en/Topics/imf-and-Covid-19/Policy-Responses-to-COVID-19 Borders are only open to foreigners with a permissible reason for travel. Arrivals will need to undergo a 14 day quarantine period. Intercity and interstate travel is restricted. Restrictions are being imposed at a local level and areas of high risk have closed high schools for face to face learning. 6.8% 4.7% 0% 20% Israel Regional Ave. % of GDP Israel Q4 2019* Q4 2020* % Change YOY Total Workforce 4.12M 4.07M -1.2% Unemployment Rate (%) 3.7% 4.7% +27% Unemployed Workers 152K 191K +26% Manpower 2020 Total Workforce Index Workforce Statistics Covid-19 Situation Covid-19 Government Spend as % of GDP Border Closures and Restrictions Additional Government Spending and Foregone Revenue to September 2020 Covid-19 Confirmed Cases and Deaths Reported to WHO (on a weekly basis) *Reported figures at Q4 each year https://covid19.who.int/ https://www.imf.org/en/Topics/imf-and-covid19/Fiscal-Policies-Database-in- Response-to-COVID-19 Other Sources: https://data.worldbank.org/ https://ilostat.ilo.org/ https://home.kpmg/xx/en/home/insights/ https://www.gov.uk/foreign-travel-advice United States Embassy https://tradingeconomics.com/ https://www.cbs.gov.il