Fitch sees ‚watered down‘ judicial overhaul not having doomsday effect on economy – Credit rating agency upheld Israel’s A+ rating, lead analyst explains, with belief that overhaul won’t be implemented in original form and confidence in resilient economy | Timesofisrael

As the Israeli shekel hit its weakest rate since 2017, in light of heightened domestic social and political tensions, Fitch Ratings expressed confidence Monday that the proposed changes to the country’s judicial system have been sufficiently “watered down” to not cause long-term damage to Israel’s resilient economy.