Watan-Moody’s agency has downgraded Israel’s credit rating, citing political and financial risks to the occupying state due to the Gaza war.<\/p>\n
Moody’s stated that the conflict’s impact raises political risks and weakens executive and legislative institutions in Israel, along with its financial strength in the foreseeable future.<\/p>\n
Israel’s credit rating was downgraded to “A2”, five grades above the investment grade, while Moody’s maintained its credit outlook as negative, indicating the possibility of another downgrade.<\/p>\n
Moody’s stated: “While the fighting in Gaza may recede or halt, there is currently no agreement to permanently end hostilities, nor is there an agreement on a longer-term plan to fully restore and ultimately enhance Israel’s security.”<\/p>\n
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\u2014 \u0627\u0644\u062c\u0632\u064a\u0631\u0629 – \u0639\u0627\u062c\u0644 (@AJABreaking) February 9, 2024<\/a><\/p><\/blockquote>\n