The Governor of the Bank of Israel published overwhelming data on the economic consequences of the war

Published on 30 April 2026 at 03:32

The Governor of the Bank of Israel published overwhelming data on the economic consequences of the war. - The cost of the war has exceeded 400 billion shekels (135 billion dollars) since October 2023.

- Debt increased from 60% to 70% of GDP, eroding the economic gains achieved from the occupation over the years.

- Defense spending increased by 130%, reaching 143 billion shekels.

- "Israel" is suffering from a depleted economy given the continuation of current trends.

And of course, all this will be paid for by the US in aid.


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