Forecasting the negative economic outlook of Tel Aviv due to tension with Iran
| International credit rating agencies have predicted Israel's long-term credit outlook negatively. |
report Mehr News Agency quoted Reuters, international credit institutions including S&P Global Financial Institute (S&P) have predicted in a report that Israel’s long-term credit outlook will be negative.
In this report, it is said that due to Tel Aviv’s tensions with Iran and the escalation of threats against Tel Aviv, Israel’s credit outlook will drop sharply.
The rating agency S&P Global has downgraded Israel’s long-term rating from AA- to A- amid high geopolitical risks for Israel.
S&P Global said in its statement: We forecast Israel’s public deficit to increase to 8% of GDP in 2024, which Most of this budget deficit occurs as a result of increasing military expenses in Tel Aviv.
Previously, the Reuters news agency quoted the Israeli statistics office as saying that the economy of this regime dropped by 19.4% in the last four months of last year. Is. According to this report, the drop in the economic growth of the Zionist regime is at a time when this regime has suffered losses due to the continuation of the war in the Gaza Strip.
Before this, the Zionist media reported the negative effects of the war on the economy of this regime.
The Ministry of Finance of the Zionist regime has announced that the direct and indirect costs of the war reach 250 million dollars a day.
The head of the Central Bank of the Zionist regime also stressed that the Gaza war has hit the economy of this regime and said: The Gaza war costs more than expected for Israel and It will create pressures on the budget.
The Central Bank of Israel announced earlier in its latest assessments that the economy of this regime will decline in the fourth quarter of 2023 due to tensions in Gaza.
