Standard and Poor's Affirms Israel's AA- Credit Rating

(Israel Hayom) International financial services and credit rating agency Standard & Poor's reaffirmed Israel's global credit rating and economic outlook over the weekend, giving it an AA- score with a stable outlook. S&P cited the fact that the Israeli economy has grown for 15 consecutive years, the low unemployment rate, and the fact that Israel's high tech industry is enjoying peak investment. The fact that the Leviathan offshore gas field is expected to become fully operational in 2020 will boost the economy further.


2019-08-06 00:00:00

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