S&P raises Israel’s credit rating to record -AA

Israel joins Czech Republic and Qatar with lucrative -AA credit rating, owing to stable fiscal and monetary policies, decrease in government debt to GDP ratio; Israel still suffers from housing crisis, excess bureaucracy, infrastructure shortage, volatile security situation.

READ ARTICLE by Omri Milman. Published by Ynetnews, August 6, 2018

Finance Minister Moshe Kahlon, Karnit Flug Bank of Israel Governor (Photo: Alex Kolomoisky, Motti Kimchi)

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