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“Difficult fiscal year” and the 7% budget deficit of the Zionist regime in the shadow of war

The budget deficit of the Zionist regime increased to 7.2% this May, and the media of this regime speak of a "difficult fiscal year and worrying economic data" following the Gaza war.

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The Zionist news site “Wala” has announced a “difficult financial year” for this regime, referring to the alarming economic data published by the Ministry of Finance of the occupying regime.

According to the data, Israel’s budget deficit increased by 0.3 percent, while the accumulated deficit over the past 12 months remained at around 7.2 percent of GDP.

In the continuation of its report, this news site added that the monthly budget deficit of the Zionist regime was about 10 billion shekels, a figure that, according to what this news site explained, is worth It does not include the 4.8 billion figures that were postponed due to the Jewish holiday.

According to the aforementioned report, the budget deficit of the Zionist regime, excluding tax deferrals, is 14.8 billion compared to May of last year, which ended with a deficit of about 4.5 billion shekels. The “figure” is estimated and financial data shows that the deficit will reach 4.2 percent of output in 2023, while it was planned to reach 0.9 percent.

 

© Webangah News Hub has translated this news from the source of Mehr News Agency
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