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S&P Upgrades Israel’s Credit Rating Outlook to Stable after Gaza Ceasefire

Standard & Poor’s shifted Israel’s outlook from negative to stable on Friday, November 7, citing prospects of de-escalation following a US-brokered ceasefire with Hamas. The A/A-1 rating was affirmed, with analysts pointing to a potential easing of pressure on growth, employment, and public finances if security risks remain contained.

The agency noted upside could emerge if fiscal and growth outcomes beat projections and if geopolitical risk declines meaningfully. Other rating houses remain cautious as they assess whether the calm will hold and how quickly the economy can regain momentum.

While acknowledging longer-term uncertainties, the improved outlook offers near-term relief to markets and policymakers and may reduce borrowing costs for the government and private sector alike.

(TOI/VFI News)

“But thou shalt remember the LORD thy God: for it is he that giveth thee power to get wealth.” – Deuteronomy 8:18