Israel is preparing to lower its credit rating after Moody's downgrade. But it seeks to present a positive image of its economy despite its damage from the war on Gaza.
Israeli Accountant General, Yali Rotenberg, has scheduled meetings with senior officials of the two agencies in London this week. Moody's credit rating agency lowered Israel's rating to "A2" with a negative outlook, in what media reports considered to be the first downgrade in Israel's history. Israeli Finance Minister Bezalel Smotrich supported Moody's assessment of Israel's economy.