Skip To Content
JEWISH. INDEPENDENT. NONPROFIT.
Breaking News

Israel’s Credit Rating Kept at A-Plus by Standard and Poors

Standard & Poor’s will leave Israel’s credit rating unchanged at A+, projecting its economy will remain stable.

The announcement follows an annual visit by S&P representatives a month ago. The delegation met with Finance Minister Yair Lapid, high-ranking officials in the Finance Ministry and the Bank of Israel, as well as, seniors in the public and private sectors.

In the announcement, the company said the decision to leave the credit rating unchanged was due to the government’s fiscal responsibility in its 2013-2014 budget. The government projects a slight decrease in the cost of country’s debt.

The company says the stable rating projection reflects the belief of its analysts that the Israeli government will continue its conservative fiscal policy, and that the effect of the security risks on Israel’s economy will remain mild and under control.

The announcement stressed that the rating reflects the fact that Israel’s economy is diverse and flourishing, the positive effect of the natural gas production on Israel’s balance of payments, and Israel’s monetary flexibility. The company believes that the geopolitical risks and the government’s improving finances are the main constraint on Israel’s rating.

For more go to Haaretz

A message from our CEO & publisher Rachel Fishman Feddersen

I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning, nonprofit journalism during this critical time.

At a time when other newsrooms are closing or cutting back, the Forward has removed its paywall and invested additional resources to report on the ground from Israel and around the U.S. on the impact of the war, rising antisemitism and polarized discourse..

Readers like you make it all possible. Support our work by becoming a Forward Member and connect with our journalism and your community.

—  Rachel Fishman Feddersen, Publisher and CEO

Join our mission to tell the Jewish story fully and fairly.

Republish This Story

Please read before republishing

We’re happy to make this story available to republish for free, unless it originated with JTA, Haaretz or another publication (as indicated on the article) and as long as you follow our guidelines. You must credit the Forward, retain our pixel and preserve our canonical link in Google search.  See our full guidelines for more information, and this guide for detail about canonical URLs.

To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. Please email us at [email protected], subject line “republish,” with any questions or to let us know what stories you’re picking up.

We don't support Internet Explorer

Please use Chrome, Safari, Firefox, or Edge to view this site.