Moody's lowers Israel's credit rating and expects debt burdens to rise. Netanyahu: "Israel's economy is strong, and the lowering of the credit rating is because we are in a state of war" The credit rating usually reflects the ability of countries to obtain loans and the extent of confidence in their ability to meet financial obligations on time.

The better the rating, the lower the risks associated with borrowing, thus obtaining better terms and lower costs of borrowing.. Moody's: The reason for lowering Israel'sCredit rating is the war with Hamas.