Can Israel’s economy sustain conflicts on multiple fronts?
The Bank of Israel’s preliminary estimates suggest that Israel’s war with Iran came at the cost of 35 billion shekels ($11.52 billion) in budgetary expenses. Its operations in Gaza till 2025 cost the country around 8.6% of its annual gross domestic product.
The Bank of Israel’s preliminary estimates suggest that Israel’s war with Iran came at the cost of 35 billion shekels ($11.52 billion) in budgetary expenses. Its operations in Gaza till 2025 cost the country around 8.6% of its annual gross domestic product.
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