News Briefs

  9/27/2013, Tishrei 23, 5774

Lapid: Credit Rating Shows Budget Policy Must Continue

Finance Minister Yair Lapid said Friday, that the Standard and Poor's credit rating of A+ for Israel was "further proof that the [government's] responsible economic policy as expressed in the 2013-2014 budget must be continued."

Accountant General Michal Abadi-Boiangiu said, "Responsible management of government debt and a commitment to a path of reducing the debt to Gross Domestic Product ratio over time, constitute a significant part of the economic strength of the country."