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Fitch Removes Israel from Rating Watch Negative; Affirms IDR at A+

"Geopolitical risks associated with the war in Gaza remain elevated and escalation risks remain present, but Fitch believes the risks to the credit profile have broadened and their impact may take longer to assess."

Fitch Affirms Israel’s A+ Rating with a Stable Outlook

This positive news about Israel’s economy came hours after the Central Bureau of Statistics announced that Israel’s Gross Domestic Product (GDP) grew by 8.1% in 2021.

Fitch Upholds Israel’s Credit Rating at A+, Leave Forecast At ‘Stable’

Fitch says that the global repercussions of the COVID-19 pandemic and domestic containment measures will cause Israel’s real GDP to contract by 5.6% in 2020, but projects a rebound in 2021, with GDP growing by 5%.

New Finance Minister Lapid: Economy in Monstrous Straits

Undoubtedly, it would have been easier for the flashy television journalist to strut his right stuff as foreign minister.

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