Fitch removes its negative rating on Israel while maintaining its A+ rating. Despite this, the agency warned that the Israeli war on Gaza still poses a risk to the economy.

Fitch confirmed that the risk of a credit rating downgrade, similar to what happened last February by Moody's, still exists. In this context, the Governor of the Bank of Israel, Amir Yaron, differed from Fitch’s assessment, stressing that Israel's actual rating stands at “BBB”