• Mon. Mar 4th, 2024

Israel’s Credit Rating Downgraded to A2 due to Political Risks in the Middle East


Feb 10, 2024
Israel’s Credit Rating Downgraded by Moody’s Due to Gaza Conflict

Moody’s has downgraded Israel’s credit rating from A1 to A2 due to concerns about the political risks posed by the recent conflict with Hamas. The credit rating agency believes that the war and its aftermath will increase political instability in Israel in the near future. Additionally, Moody’s warns that there is a potential threat of an escalation of the situation between Israel and Hezbollah, which could further weaken the country’s institutions and institutions. These factors have led Moody’s to justify lowering Israel’s credit rating and issuing a negative outlook for the future.

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