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Israel's finance minister defends economy outlook after Moody's downgrade

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Israeli Finance Minister Bezalel Smotrich on Saturday brushed off Moody downgrade of Israel credit ratings for the first time The global credit ratin
10 Israeli Finance Minister Bezalel Smotrich on Saturday brushed off Moody’s downgrade of Israel’s credit ratings for the first time.
The global credit rating agency, on Friday night, lowered Israel’s credit ratings to A2 from A1 with a « negative » outlook, citing the prolonged war with Hamas and the toll it is taking on the country’s finances.

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