ISRAEL AT WAR - DAY 147

search

Lapid: Moody’s downgrade shows government not functioning

Opposition Leader Yair Lapid leads a faction meeting at the Knesset in Jerusalem, February 5, 2024. (Yonatan Sindel/ Flash90)
Opposition Leader Yair Lapid leads a faction meeting at the Knesset in Jerusalem, February 5, 2024. (Yonatan Sindel/ Flash90)

Opposition leader Yair Lapid says the decision by US ratings agency Moody’s to downgrade Israel’s credit rating shows the government does not function.

“The lowering of Israel’s credit rating is further proof that this government is not functioning and harming the public,” Lapid writes on X.

“For over a year now, this government has abandoned growth in the economy, bringing in a wasteful and irresponsible budget, and even during a war, there is no one among the 38 ministers who work for the Israeli economy,” Lapid says.

“The ‘with God’s help’ and ‘there is money for everything’ economy has failed,” he says. “Israel needs a new government that functions.”

Never miss breaking news on Israel
Get notifications to stay updated
You're subscribed
image
Register for free
and continue reading
Registering also lets you comment on articles and helps us improve your experience. It takes just a few seconds.
Already registered? Enter your email to sign in.
Please use the following structure: example@domain.com
Or Continue with
By registering you agree to the terms and conditions. Once registered, you’ll receive our Daily Edition email for free.
Register to continue
Or Continue with
Log in to continue
Sign in or Register
Or Continue with
check your email
Check your email
We sent an email to you at .
It has a link that will sign you in.