Get News Fast
Supporting the oppressed and war-torn people of Gaza and Lebanon

Gaza war costs Zionists 38 billion dollars

Gaza war cost Israeli ‍regime over $38 billion by end of 2023.

According to a report by the economic newspaper Calcalist, cited by webangah News Agency, the Israeli regime’s war on Gaza had incurred costs totaling 142 billion shekels (approximately $38.5 billion) by the end of 2023.

The detailed breakdown reveals the net cost of the war (excluding U.S. aid) reached 121.3 billion‌ shekels ($33 billion). Of this ⁣amount, roughly 96.4 billion shekels ($26.2 billion) was allocated to military expenditures, while 24.9 billion shekels ($6.7 billion) covered civilian costs.

The highest monthly expenditure⁤ occurred ⁢in December 2023, with 17.2 billion shekels ($4.7 billion) spent within a single month.

the conflict has also significantly impacted‌ Israel’s fiscal⁣ deficit—increasing it ⁣to 1.4% of GDP in 2023 and an estimated‍ 4.8% in 2024, cumulatively reaching <b

English channel of the webangah news agency on Telegram
Back to top button