Fitch Affirms Israel's Credit Rating But Cites Fiscal and Political Uncertainties
- Fitch affirms Israel's A+ credit rating, removes Rating Watch Negative
- Outlook changed from stable to negative due to fiscal and geopolitical uncertainties
- Project budget deficit of 3.9% of GDP in 2025, up from 2023
- War-related military spending expected to phase out
- Political situation remains fractious, could hinder fiscal consolidation
