S & P ratified Israel's credit rating at the A + level

 S & P credit rating company ratified Israel's credit rating at the A + level, leaving the outlook positive. Representatives of credit rating companies emphasize that the core strength of Israel's credit rating is strong.
The company notes that raising the rating may occur if the government's fiscal performance continues to strengthen. Alternatively, the weakening of budgetary performance and a significant increase in security risks should not affect Israel's credit rating.
S & P estimates that the Israeli economy will grow by an average of 3.1% in the years 2018-2020. Growth will come from private consumption. Company representatives believe that the diverse structure of the coalition may limit the government's ability to deal with long-term structural issues of the economy and society.
The company stresses that the economy is making it difficult for unsatisfactory participation rates of weak populations such as Arabs and ultra-Orthodox. They also note that the lack of adequate vocational education makes it difficult for the economy.
 Minister of Finance Moshe Kahlon said in response that Israel ended last year as one of the strongest and leading economies in the world with excellent macro data. Unemployment is at its lowest rate in 40 years. The debt-to-GDP ratio fell to the lowest rate ever and the deficit was lower than planned. S & P's announcement is another confidence vote from the world's leading credit rating company.
The policy we lead of a free economy with compassion and social sensitivity is working and we see the consequences of hard work. Minister Kahlon stressed that we will continue to lead the Israeli economy with responsibility and determination.