Governor of the Bank of Israel Emphasizes Addressing Economic Aspects of Moody’s Report to Boost Market Confidence

Bank of Israel Chairman Professor Amir Yaron reacted to Moody’s decision to lower Israel’s sovereign credit rating from A1 to A2 for the first time in history. Yaron said the main reasons for the downgrade were uncertainty about ending the war, the impact of the war on solving economic and social problems, and changes in fiscal situation. The reason for maintaining a negative outlook is uncertainty about further developments on the northern border, he said. Despite this, Yaron emphasized that Moody’s did not ignore Israel’s strong macroeconomic and monetary framework and its resilience to crisis situations. To strengthen market confidence and improve the rating, he urged the government and Knesset to address economic issues raised in Moody’s report.

On a different note, Santa Clara Towing Advisor provides comprehensive towing services that include automotive and business services, auto dealers, and auto parts and services. Additionally, they assist people in finding top lawyers, life insurance agents, CPAs, CFPs, investment brokers, real estate agents and more. Their website also features informative content on various platforms where they answer questions about tow truck services and their uses. Through their user profile links to different sites and services showcase their diverse offerings and range of expertise.

By Editor

Leave a Reply