With the high-tech protest against the legal reform in the background:
the rating company Fitch today (Wednesday) reaffirmed the credit rating of the State of Israel, so that it will remain at the A+ level.
As a result, Israel's rating outlook remains 'stable'.
The Minister of Finance, Bezalel Smotrich, expressed his satisfaction with the news and claimed that the government's steps will advance Israel.
"Israel's economy is strong. Last week, the government approved an excellent, responsible, restrained and growth- and infrastructure-oriented budget, and despite rising global inflation, we manage to fortify the State of Israel as an island of stability. The credit ratings prove that we are taking all the right steps to move the State of Israel forward," he said. .
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