Overview

• 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.