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Israel downgraded to A+ by S&P

  • Lowered to A+ from AA-, outlook unfavourable
  • Sees common authorities deficit to widen to eight% of GDP this 12 months
  • Latest improve in confrontation with Iran raises already-elevated geopolitical dangers
  • Increased deficits can even persist over the medium time period
  • Count on internet authorities debt to peak at 66% of GDP in 2026

66% of GDP is not dangerous in any respect by large-economy requirements however Israel definitely faces some distinctive dangers in elevating money.

This text was written by Adam Button at www.forexlive.com.

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