The increasing contraction of the economy of the Zionist regime as a result of the war

Israeli army radio announced that the economy of this regime shrunk more than expected and estimated in the last quarter of last year, i.e. the quarter in which the war started.

Al-Mayadeen news agency quoted the report of Army Radio and wrote: It was estimated that the gross domestic product will decrease by 19.4% in the last quarter of 2023, but now the Central Bureau of Statistics reports that the decrease is estimated to be 20.7%. is.

A few days ago, a report by the Economist magazine stated that the Gaza war was more costly for the Zionist regime than expected. The newspaper announced that the occupiers’ economy shrank by a fifth annually between October and December.

According to this report, during the same period, more than 750,000 people, or one sixth of the workforce, were unemployed, many of whom were evacuated or saved. In this regard, last month, Moody’s rating agency lowered the credit rating of the Zionist regime for the first time.

Earlier, the Zionist website Walla confirmed that after Moody’s lowered the regime’s credit rating, it is expected that both S&P and Fitch rating companies will soon publish their decision on the new classification of the Zionist regime. /p>