| The Governor of the Bank of Israel welcomes the credit rating upgrade of the State of Israel and appreciates the recognition of the achievements of the Israeli economy . |
| The Governor added that the relatively good present state of the Israeli economy is a result of the fiscal policy conducted by the Government and the Ministry of Finance, the monetary policy of the Bank of Israel and successful activity of the business sector against the background of these policies. |
| Governor Fischer: "I welcome the intention of the Government and the Ministry of Finance to continue to maintain a responsible fiscal policy and a budgetary framework, especially considering the complex global economic situation, that impacts also the Israeli economy. I believe that the Israeli economy will continue to justify the confidence given by the upgrade. We at the Bank of Israel, intend to continue to contribute to economic growth and stability through responsible monetary policies that target price stability, employment, growth and financial stability." |
|