Iran’s missile attack lowered Israel’s credit rating

In its latest assessment, the American institution “Standard & Poor’s” has upgraded Israel’s long-term credit rating from AA- (very high credit) to A+ (high credit) due to the increase in regional tensions. reduced and assessed its future outlook as “negative”.

This institute also predicted that Israel’s budget deficit will increase to 8% of its GDP due to the increase in geopolitical risks caused by the escalation of tensions with Iran.

“Standard & Poor’s” is one of the three major credit rating agencies in the world.