Israels

Israel's fiscal deficit has risen again for the 18th consecutive month, after reaching zero in March 2023. The deficit in the 12 months to the end of September this year reached 8.5% of GDP, or NIS 165.8 billion, the…

As part of its plans to manage the fiscal deficit in 2025, the Ministry of Finance proposes to increase the additional tax on passive income such as interest. The Ministry proposes to raise the additional tax from its…

Israel's foreign exchange reserves at the end of September 2024 reached a record level of $220.377 billion, an increase of $2.992 billion from their level at the end of August, which was itself a new record high, the Bank…

Written by Libby George, Karen Strohecker and Stephen Shear LONDON/JERUSALEM (Reuters) - For nearly a year, the Israeli economy has weathered the chaos of a war that threatens to turn into a regional conflict, but rising borrowing costs…

Finance Minister Bezalel Smotrich gave an initial reaction last night to the downgrade of Israel's sovereign rating by Moody's to Baa1. In his statement, Bezalel tries to soften the blow, promising to pass the budget,…

How badly has Israel's tech industry been damaged by war over the past year? It depends on who you ask. This morning Israel Advanced Technology Industries (IATI), which also represents foreign investors and Israeli…

After downgrading Israel's credit rating last Friday, international rating agency Moody's held a webinar for investors yesterday to explain the decision. Kathryn Muelbrunner, Moody's Senior Vice President of Sovereign…

Israel's population rose by 1.2%, or 118,000, over the past year to just over 9.9 million, the Central Bureau of Statistics reports. Israel's population rose by…

International rating agency Standard & Poor's downgraded Israel's sovereign credit rating for the second time in a few months and reiterated its negative outlook, meaning a further downgrade is expected in the next 18…

The International Credit Classification Agency has issued a harsh report on the classification of the Israeli economy, announcing in an exceptional move that it reduced the country's rating by two degrees from A2 to BAA1,…