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Assessment: Fitch also expected to improve Israel's credit rating

image sourced from original article at https://www.israelnationalnews.com/news/421805

The Finance Ministry anticipates that the Fitch credit rating agency will soon raise Israel's rating outlook, mirroring a recent upgrade by Moody's. This expectation follows discussions between senior economic officials and Fitch representatives, which revealed a more positive sentiment toward Israel's economy. Previously, S&P upgraded Israel's rating outlook from negative to stable in November. Moody's cited a significant decline in security risk, influenced by the end of military confrontations and ceasefires with regional groups, as a key factor for its decision.

Original article source: https://www.israelnationalnews.com/news/421805
Source Id: 9070071186

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