Credit rating agency Moody's announced Friday evening that it does not intend to use the current publication date and therefore will not publish a credit rating announcement today.
The next scheduled date for the publication of a credit rating announcement by Moody's credit rating agency is in about six months. The significance of the decision in practice is that the credit rating of the State of Israel remains in place.
Netanyahu, Galant and US Secretary of Defense Lloyd Austin at the Tel Aviv Campus // Credit: Video: Omer Meron /GPO, Sound: Ben Peretz /GPO
It should be recalled that a special report issued by the ranking dangers on Israel two days ago stated that the impact of the war on the ranking depends on its intensity and length. Since the Iron Sword War is still underway and it is not known when it will end, international danger economists preferred to wait.
Moody's had already lowered Israel's rating horizon from positive to stable in April following what was defined as the "deterioration of the administration," and many expected that on the current publication date, the rating horizon would decline again, this time to negative.
It can be said that these are the dangers of the more stringent rating with Israel with regard to the implications of the legal reform, since the other agencies have not changed Israel's rating horizon at this stage and have made do with warning reports.
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