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HomefinanceIsrael Finance Minister says Moody's downgrade unreasonable, politicised

Israel Finance Minister says Moody’s downgrade unreasonable, politicised

Published Feb 10, 2024 12:42PM ET
© Reuters. FILE PHOTO: Israeli Finance Minister Bezalel Smotrich attends an inauguration event for Israel’s new light rail line for the Tel Aviv metropolitan area, in Petah Tikva, Israel, August 17, 2023. REUTERS/Amir Cohen/File Photo
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JERUSALEM (Reuters) – Israeli Finance Minister Bezalel Smotrich on Saturday brushed off a Moody’s (NYSE: ) downgrading of Israel’s credit rating, saying the decision linked to the Gaza war was not based on sound economic reasoning and was tantamount to a pessimistic

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