Israel’s credit rating was downgraded again
In a report, the international credit rating agency "Standard & Poor's" lowered the credit rating of the Israeli regime from AA- to A+. |
According to the international group Tasnim news agency, for the third time since the beginning of the Gaza war, credit institutions They tried to reduce the credit rating of the Israeli regime. After the Gaza war
This time, the international credit rating agency “Standard and Poor’s” in a report lowered the credit rating of the Israeli regime from AA- to A+.
In the report of this agency The reason for the downgrade is “increasing risks with a negative outlook”. This report also states: The budget deficit in Israel is expected to increase to 8% of GDP due to geopolitical risks. The credit rating agencies Moody’s and Fitch have also downgraded Israel’s credit rating twice since the beginning of the Gaza war. Obtaining a loan and the degree of confidence in their ability to fulfill financial obligations on time. The better a country’s rating, the lower the risks associated with borrowing. As a result, that country will have better conditions to receive loans with lower costs. According to the latest calculations for the next three-year plan of the Zionist regime prepared by the budget department in the Ministry of Treasury of this regime, the budget deficit is expected to Israel’s economy to grow by 134 billion shekels ($36 billion) in 2027-2025. Of course, as a result, the debts will be affected by the interest of the debt and also the costs of the war will increase.
Yesterday, the Hebrew media reported that the Zionist cabinet has been forced to sell 3 billion dollars of treasury bonds since the beginning of the Al-Aqsa storm operation. which is considered a record.
© | Webangah News Hub has translated this news from the source of Tasnim News Agency |