Moody's downgraded Israel's credit rating
Moody's International Credit Rating Agency downgraded Israel 's credit rating from A1 to A2 and changed its outlook to negative. The agency noted that the military conflict and its wider consequences were the main reason for the downgrade , which raises the risk of weakening Israel's executive and legislative institutions and financial strength .
Moody's International Credit Rating Agency announced that Israel's credit rating and outlook have been revised , Anadolu reports .
In the statement, it was stated that the credit rating of Israel in foreign and national currency was lowered from "A1" to "A2", and the forecast of the credit rating was changed to negative.
The credit rating agency's statement cited the ongoing military conflict and its wider implications as the main reason for the downgrade, which it said raises the risk of weakening Israel's executive and legislative institutions and financial strength.
The statement noted that Israel's public finances have deteriorated and that the previously predicted downward trend in the public debt ratio has changed, making it more likely that the country's debt burden will be higher than expected before the conflict.
.png)
Related to the topic
-
In most cases, the Western press acts with double standards and lives in this imitation. Abdulhakim Bahriddin mentioned the double standards in the media on the example of Gaza.
-
Turkey expressed its reaction to a video posted on social networks showing Israeli soldiers receiving Turkish warm underwear. It is noted that the clothes in the video are from the old batch.
