Lowered to A+ from AA-, outlook negativeSees general government deficit to widen to 8% of GDP this yearRecent increase in confrontation with Iran raises already-elevated geopolitical risksHigher deficits will also persist over the medium termExpect net government debt to peak at 66% of GDP in 202666% of GDP isn't bad at all by large-economy standards but Israel certainly faces some unique risks in raising cash. This article was written by Adam Button at www.forexlive.com.
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