Israel's finance minister blasts Moody's downgrade of the the country's credit rating
by Melanie Lidman
Feb 11, 2024
2 minutes
Israel's finance minister on Sunday slammed the decision by financial ratings agency Moody’s to downgrade Israel’s credit rating, saying the announcement is a “political manifesto” that “did not include serious economic claims.”
Moody’s dropped the rating on Israel’s debt on Friday, warning that the ongoing war in Gaza and a possible war in the could adversely affect Israel’s economy.
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