The heavy budget deficit of the Zionist regime due to the Gaza war
Estimates show that the Gaza war has caused the budget deficit of the Zionist regime to reach the equivalent of 6.2% of the gross domestic product of this regime. |
The war in Gaza is the biggest nightmare of the Zionist regime after the 1967 war with the Arabs. The October 7 attack by Hamas, in addition to the heavy casualties it inflicted on the Zionists, led to the capture of 250 people, which ultimately led to the entry of the Zionist army into the Gaza Strip. Now Israel is considered the biggest victim of this war in all aspects.
According to Al Jazeera, the latest financial reports about Israel’s economy show that the budget deficit of this regime has reached 15 billion shekels, equivalent to 4 billion dollars. This budget deficit for Netanyahu’s government is equal to 6.2% of Israel’s GDP, which is a very high figure.
The Ministry of Economy of the Zionist regime, announcing this statistic, added: “The government has now spent heavily on the Gaza war. The trend of the budget deficit will be upward until the end of this year, so that in January we saw a budget deficit equal to 4.8%, in February 5.6%, and in March (last month) we saw a budget deficit equal to 6%. We were 2 percent of GDP.”
Since the start of the Gaza war on October 7, Israel spends hundreds of millions of dollars daily in this war. According to the statement of the Central Bank of the Zionist regime, it is estimated that the cost of the Gaza war will reach 55 billion and 600 million dollars by 2025.
The costs of the Zionist war have bent the back of this regime, while America, in addition to annual arms aid of 3.8 billion dollars to this regime, has provided all the weapons needed by Israel for the genocide in Gaza almost since the beginning of the war. .
© | Webangah News Hub has translated this news from the source of Young Journalists Club |