Israel's Credit Rating Downgraded Amid Ongoing Conflict

Fitch's downgrade reflects the economic strains of prolonged war, prompting calls for fiscal adjustments to stabilize the economy.

Fitch downgraded Israel's credit rating from A+ to A due to the ongoing conflict and heightened geopolitical risks.
Finance Minister Bezalel Smotrich remains optimistic, predicting a rebound in the credit rating with responsible budget management.
Critics argue the downgrade signifies government failure to manage the war's economic impact effectively.
Opposition leaders call for immediate cuts to coalition funds and unnecessary ministries to address the budget deficit.
Experts emphasize the need for a clear, long-term economic strategy to regain investor confidence.