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Fitch Affirms Israel's Credit Rating


(Globes) Amiram Barkat - International credit rating agency Fitch Ratings has affirmed Israel's Long-Term Foreign-Currency Issuer Default Rating at "A+" with a Stable Outlook. Fitch expects the repercussions of the Covid-19 pandemic to cause real GDP to contract in Israel in 2020, but the agency projects 5% growth in GDP in 2021, and around 3% annual growth thereafter.
2020-04-24 00:00:00
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