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Increasing possibility of lowering the economic rating of the Zionist regime again

A Zionist website confirmed that after Moody's lowered the economic rating of this regime, some other institutions are also looking to do the same.

The Zionist Walla website confirmed that after Moody’s lowered the regime’s credit rating, it is expected that both S&P and Fitch rating companies will soon publish their decision on the new classification of the Zionist regime.

If they’re still torn about what to do, this week’s events will give them the ultimate legitimacy for relegation, according to Walla. Walla refers to the events of this week, the hostile attack of Bezalel Smotrich, the Minister of Finance of the Zionist regime, in response to the downgrading of the credit rating of the Zionist economy by Moody’s.

Wallah’s website adds: “The hope was that the Ministry of Finance, by approving the budget, would prepare improvements in the spirit of the rating agency’s recommendations, such as implementing additional measures to reduce the budget deficit, or measures to encourage growth (such as reforms in education or Transport), or further cuts to the Coalition’s budget but the reality was quite the opposite as last week, they not only failed to implement the report’s recommendations, they did the exact opposite.

The Knesset of the Zionist regime punished the Ministry of Finance for violating the constitution by submitting the budget late for approval. Walla stressed in his report that all the important decisions that save 5 billion shekels and the Ministry of Finance is trying to approve will not be approved and the Ministry must look for alternative sources. But if these resources are not found, the budget deficit of the Zionist regime will exceed 6.6%. class=”fa fa-circle”/> International West Asia

 

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