Israeli Prime Minister Benjamin Netanyahu said on Tuesday that the Israeli economy is “strong and is functioning well” after Credit ratings agency Fitch downgraded Israel’s credit rating to “A” from “A-plus”. “The lowering of the rating is a result of Israel having to cope with a multi-front war that was forced on it,” Mr Netanyahu said in a statement issued by his office. “The rating will be raised again when we win – and we will win,” he said.
