IMF warns of Israeli hi-tech firms moving abroad due to judicial reform

JERUSALEM, June 15 (Xinhua) -- A report issued on Thursday by the International Monetary Fund cautioned that the uncertainty caused by the Israeli government-proposed judicial reform could prompt Israeli hi-tech companies to relocate abroad.

The report said that if a large enough number of hi-tech firms relocate, Israel's strong economic growth potential could be jeopardized, as the capital stock and labor marke