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Elections threaten credit rating: Fitch's gloomy forecast for Israel
In depth
Credit rating agency Fitch left Israel's credit rating at A with a negative outlook. According to Calcalist, the election results could lead to a period of unstable coalitions and transitional governments, and to a failure to approve a budget. According to Maariv, the agency warns of political paralysis and difficulty in approving the state budget.
According to Bizportal, the agency estimates that Israel could be dragged into a prolonged period of political uncertainty, which would delay approval of the state budget and make it harder to reduce government debt. According to Walla, without an approved budget for 2027 the government will move to a reduced continuing-budget management.
Arutz Sheva
Kikar HaShabbat
