Aftershocks of War with Iran Continue; Tel Aviv’s Economy in Decline
The Israeli Central Bureau of Statistics has acknowledged the economic repercussions resulting from the war against Iran.
The English section of webangah News Agency, citing Mehr news Agency and al-mayadeen, reported that Israel’s Channel 13 news quoted the Israeli Central Bureau of Statistics stating that Tel Aviv’s economy experienced a decline in key indicators during the second quarter of this year. This marks the first decrease as the Gaza war began.
The report noted that the war with Iran has negatively impacted Israel’s economic developments and indicators.
earlier, Maariv newspaper admitted that the conflict with Iran has cost Tel aviv tens of billions of shekels, estimated to reach up to 14 billion US dollars.
Israeli media also reported that expenses related to the Gaza Strip offensive have so far reached 81 billion dollars.
News Sources: © webangah News Agency, Mehr News Agency, al-Mayadeen, Maariv
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