Smotrich on Moody's downgrade: Israel's economy is strong
| Published date | 29 September 2024 |
| Author | Globes correspondent |
| Publication title | Globes (Rishon LeZion, Israel) |
"Israel's economy is bearing the yoke of the longest and most expensive war in the country's history… the Israeli economy is a strong economy that even now attracts investment," Smotrich said. "With God's help, we shall pass a responsible budget with the required restraining measures, and after the victory in the war those who downgraded the rating will restore it to the true level of the Israeli economy."
In its decision, Moody's not only points to the higher risks that the Israeli economy faces, but also...
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