Israel’s Economy has the Power to Astound
Ambassador (ret.) Yoram Ettinger, “Second Thought: US-Israel Initiative”
inFocus Quarterly, Jewish Policy Center, Spring 2013, http://bit.ly/Yi5A15
Global agencies assess Israel
During 2012, the three leading global credit rating companies, and the International Monetary Fund (IMF) commended Israel’s economicperformance and expressed confidence in its long-term viability.
On September 30, 2012, Standard and Poor’s (S&P) reaffirmed Israel’s A+ credit rating, at a time when it lowered the credit rating of an increasing number of Western countries. According to S&P, “the Israeli economy continues to generate solid economic growth…. Major security risks will be contained…. There is sufficient political will to prevent a sizable increase in the government’s debt burden…. We forecast that by the middle of the decade domestic natural gas production should contribute to improved external and fiscal balances.” (Read more…)