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Israel’s debt reached 300 billion dollars

The Al-Aqsa storm caused a further decline in Israel's economy and brought Israel's debt to over 1.12 trillion shekels (equivalent to $299.18 billion) by the end of last year alone.
– International news

According to the international group Tasnim news agency, the Al-Aqsa typhoon caused further setbacks in Israel’s economy and brought Israel’s debt to more than 1.12 trillion shekels (equivalent to 299.18 billion dollars) by the end of last year alone, while this figure at the end of 2022 will be about It was 275.13 billion dollars, but the problems of the Gaza war have made these debts heavier. reported, the level of Israel’s public debt has reached 62.1 percent of the gross product in 2023, and the majority of this increase is due to the financial consequences of the war against Gaza, while before the war, forecasts indicated a one percent reduction in this debt. and they reached 59%, but (Operation Storm Al-Aqsa) increased it to more than 62%.

According to the evaluations of this economic media Hebrew speaking, in 2024 we will see an increase in these debts to exceed 1.12 trillion shekels. It was announced that Moody’s, the world’s largest credit rating agency, plans to lower Israel’s credit rating in the near future.

The war in Gaza and the actions of the Yemeni army have narrowed the field on the Israeli economy

According to Zionist experts, the war in Gaza has had devastating consequences for Israel’s economy, and almost half of it has been paralyzed.

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Publisher Tasnim News
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