Pod Save America Hosts Call on Democrats to Cut All Israel Military Aid, No Longer Accept AIPAC Funding
Jews, Israelis Targeted in Austria Amid Surge in Antisemitic Incidents; Local Jewish Community Calls for Action
‘All of Our Strength’: Over 1,000 Pro-Israel Activists Gather in DC for Solidarity Conference
‘Devastated’: Wesley LePatner, Killed in Manhattan Mass Shooting, Was a Jewish Communal, Philanthropic Leader
Sen. Angus King Vows to No Longer Vote for Israel Military Aid Until Gaza Conditions Improve
Europe Won’t Pressure Israel to ‘Commit Suicide’ Amid Gaza Backlash, Palestinian State Push, Says Israeli FM
Israel’s National Soccer Coach Attacked in Athens Before Soccer Fans Chant ‘F–K Israel, Free Palestine’ at Match
New York Judge Sentences Neo-Nazi to 5 Years for Livestreaming Bomb Threats Against Jewish Hospitals
US Pressures Lebanon to Issue Cabinet Decision to Disarm Hezbollah Before Talks Continue
UK Plans to Recognize Palestinian State in September Unless Israel Meets Conditions, Starmer Says
Global Credit Ratings Agency Moody’s Lauds Israel’s Economic Policy
Error: Contact form not found.
by JNS.org
Israeli Finance Minister Moshe Kahlon. Photo: Wikpedia.
JNS.org – A new report by international credit ratings agency Moody’s praised Israeli Prime Minister Benjamin Netanyahu and Finance Minister Moshe Kahlon for the economic policies they have been leading in the Jewish state.
Moody’s had affirmed Israel’s A1 credit rating last September, assessing the country’s economic outlook as stable. In the new report, issued Thursday, Moody’s economists examined data on Israel’s debt-to-gross domestic product (GDP) ratio, figures that were released last week by Kahlon and outgoing Finance Ministry Accountant General Michal Abadi-Boiangiu. The ratio reached an all-time low of 62.1 percent in 2016, an accumulated 9-percentage-point drop from Israel’s debt-to-GDP ratio in 2009, amounting to around 100 billion shekels (more than $26 billion).
According to the Moody’s report, Israel is one of the only countries in the world whose debt-to-GDP ratio has dropped since the 2009 global financial crisis. The report also stressed that security incidences have historically had a marginally low influence on the Israeli economy, state budget and government deficit.
