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S&P Affirms Israel's 'A' Credit Rating with Stable Outlook
S&P Global Ratings has kept Israel's credit rating at 'A' with a stable outlook, citing recent security and economic conditions. The agency had previously reaffirmed this rating in May, noting that ceasefire agreements reduced immediate security risks.
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What happened
- 01S&P Global Ratings maintained Israel's credit rating at 'A' with a stable outlook.
- 02The agency decided against changes amid recent security and economic developments.
- 03In May, S&P reaffirmed the 'A' rating, citing reduced immediate security risks.
- 04The agency had warned of potential negative rating actions due to fiscal deterioration.
- 05S&P projected 5.9% economic growth for Israel in 2027 but noted budget pressures.
S&P had also projected economic growth for Israel but warned of potential budget pressures and fiscal challenges.
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