Live Update 
From the Liveblog of
Tuesday, July 25, 2023
From the Liveblog of
Tuesday, July 25, 2023
Netanyahu and Smotrich brush off growing economic warnings: ‘A temporary response’
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File - Prime Minister Benjamin Netanyahu (right) speaks with Finance Minister Bezalel Smotrich during a cabinet meeting at the Prime Minister's Office in Jerusalem on June 18, 2023. (Amit Shabi/Pool)
Ahead of an expected Moody’s report later today and as major financial institutions issue warnings over Israel’s economic outlook, Prime Minister Benjamin Netanyahu and Finance Minister Bezalel Smotrich issue a joint statement insisting the economy is as healthy as ever.
“This is a temporary response. When the dust clears it will become clear that Israel’s economy is very strong,” they say.
“The Israeli economy is based on solid foundations and will continue to grow under an experienced leadership that is leading a responsible economy policy,” they add.
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