The rating agency left Israel's rating unchanged, and left the rating forecast stable. This is in contrast to the International Monetary Fund and Moody's, which referred in their latest decision to the upheaval in the economy following the legal revolution.
Earlier this week, the IMF said it will cut its economic growth forecast in Israel in 2023 to 2.5 percent, instead of 2.9 percent. "The ongoing uncertainty surrounding judicial reform poses a notable negative risk to growth," the IMF report said.