Fitch Keeps Israel's Credit Rating Outlook Negative Amid War Risks

Fitch Ratings maintained Israel's credit rating outlook at negative, citing rising public debt and ongoing war risks. In a regional MENA review published on Monday, Fitch warned that these factors could suppress economic growth and constrain government spending. Israel's credit rating currently stands at A.

Despite regional volatility, Fitch noted that average credit ratings across the Middle East and North Africa remained relatively stable over the past 12 months, supported by high oil prices and financial reserves. However, the rating agency highlighted that Gulf states and Iraq bore the brunt of disruptions, including threats from Iran and its proxies affecting energy export routes.