Consequences of the war in Gaza; The budget deficit hit a record again in Israel

, the economic newspaper Globes reported in a report in this regard, in the shadow of the record budget deficit, the Ministry of Finance will probably go to increase taxes to improve affairs.

In the report of this Hebrew-language economic media, it is stated: The Ministry of Finance of Israel announced that the budget deficit in April reached 7% of the total GDP.

At the same time, Yedioth Aharanot newspaper also talked about the registration of a new quorum in the budget deficit and wrote: the budget deficit in Israel is still increasing and in the situation that in February and March It was 5.6% and 6.2% of GDP respectively, in April (last month) it reached 7%, while in January this budget deficit was only 4.8%.

The report of the economic circles of the Zionist regime, which is mentioned in the documents of this regime, shows that the budget deficit for this year (2024) was only 6.6%, but now its experts over 8 percent.

Israel Hum newspaper emphasized in this regard, the main reason for this budget deficit is problems such as the prolongation of the war, which It has caused Tel Aviv to incur huge costs not only in terms of military and war expenses but also in the evacuation of residents from different areas.

According to many Zionist experts, the Ministry of Finance is seeking to increase various taxes in order to heal part of this gap.

According to these media, in this regard, the Israeli cabinet is seeking to reduce the budget of ministries for the umpteenth time, and it is said that at least 3% of the budget of all ministries, including the Ministry of Health, Education and Social Affairs, will also be reduced.

Experts also announced that this budget deficit has led to the deterioration of Israel’s economic conditions, and as a result, foreign capital will flee from it, so that these problems will multiply.

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