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S and P: Israeli Economy to "Absorb" Coronavirus Shock
(Jerusalem Post) Eytan Halon - Israel's economy should "absorb the shock" of the coronavirus pandemic due to its strong macroeconomic fundamentals, S&P Global Ratings researchers forecast as they affirmed Israel's AA- credit rating. While the economy is expected to contract by 5.5% this year, it is projected to recover by more than 6% in 2021.