A new economic blow to the body of the occupiers/ downgrading of Israel’s credit rating
According to Webangah News quoted by Mehr News Agency quoted Al Mayadin, a few days after the double reduction of the credit rating by the financial and commercial services company “Moodiz And following the blows received by the Zionist regime from the Islamic resistance in Lebanon, the rating service company “Standard and According to the report, “Standard and Powers” on Tuesday evening and Wednesday morning decided to reduce the credit rating of the Zionist regime by one degree from A+ to A and predicted an unpleasant future for the economy of this regime.
The company’s economists attributed the downgrade to the “intensification of the conflict” between the Zionist regime and Hezbollah in recent days, which they said is “likely to intensify to continue and be prolonged.”
The decision to downgrade was made even before Iran’s missile attack last night, but the announcement of the decision was accelerated ahead of schedule, which was five weeks ahead of schedule. It was done because of the developments on Tuesday night.
It is stated in the report that: “The release of this announcement was outside the set time due to the sharp increase in geopolitical and security risks in the Zionist cabinet.”
The company also predicts that the conflict in Gaza and the escalation of conflicts on the northern borders of the occupied territories, with the possibility of ground operations in Lebanon, along with the possibility of developing a reaction against the regime Zionism may continue until 2025.
Accordingly, the company expects the economic recovery of this regime to be delayed, and for this reason, real growth forecasts to a rate of zero percent in 2024 and 2. 2 percent in 2025.
This credit company, in the continuation of its forecasts, stated that the budget deficit is likely to reach 9% of GDP this year (which is much higher than the target of 6.6 percentage of the occupying government) and will reach 6% next year (while the goal of the Ministry of Finance of the Zionist regime is 4%).
Company “Standard And Powers ” notes that the occupying government “is still implementing fiscal measures in terms of budget, including a series of measures such as cutting the costs of government ministries, freezing tax rates, etc., in order to stop the increase in debt to GDP. is committed.”
This downgrade is due to the increase in geopolitical and security risks in the region and the possibility of continued tensions until 2025.
In recent days, the economic and political situation of the Zionist regime has been greatly affected by military developments and growing tensions in the region. In particular, the conflicts between this regime and Lebanon’s Hezbollah have intensified, and concerns about the spread of these tensions to other regions have increased.
These developments and the decisions of accreditation agencies show deep concerns about the security and economic situation of the Zionist regime in the near future, especially in the context of tensions with its neighbors and resistance groups in The area is increasing.
