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Israel credit outlook lowered, budget to be amended amid Hamas war

Israel’s credit rating was in trouble before the war in Gaza due to the government’s controversial judicial reform plans, and the war is affecting the country's fiscal situation.

Smotrich
Israel's far-right Finance Minister Bezalel Smotrich delivers a speech during a rally in the outpost of Eviatar, south of Nablus in the occupied West Bank, on April 10, 2023. — GIL COHEN-MAGEN/AFP via Getty Images

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