Israel’s economic cost of Gaza war exceeds $67 billion
Last Updated on January 16, 2025 6:18 am
Israel’s spending on the war in Gaza for a year and a half has exceeded $67 billion. The Israeli business newspaper Kalkalist has reported this information in a report after examining various statistics until the end of 2024.
This was reported by Anadolu Agency on Saturday (January 11).
The question has arisen whether Israel has been able to win the war against Hamas for 15 months by killing about 46,000 Palestinians, even at a huge cost!
This report on Israel’s war spending includes military operations and the development of defense systems. It says that the pressure on the Israeli government on this amount of money is increasing day by day. Israel’s own economy has also suffered losses due to the war. Many factories have stopped production and businesses, because new investment is not available.
Experts say that this long-term conflict could have a huge impact on the Israeli economy and it will take time to recover.
The Israeli government has increased military spending and allocated additional funds to deal with the situation in Gaza. In addition, there is a huge cost of military infrastructure and weapons imports. This cost pressure is also affecting other sectors of the country, such as tourism, healthcare, education and infrastructure development.
In addition, the humanitarian impact of the war is very deep. The situation of the people of Gaza is very painful, where millions of people are waiting for relief aid, many families are displaced and living in inhuman conditions.
The United Nations and other international organizations have warned that the humanitarian crisis in Gaza could intensify and many more lives will be at risk. The war has caused a large number of casualties in the region, and it could threaten the stability of the region in the long term.
How the Israeli government will manage the costs of this war in the future is a big question. Some experts believe that if the war situation lasts longer, the country’s economic balance may be threatened.
While Israel is dealing with the pressure of military spending, on the one hand, the need for international aid to provide humanitarian assistance to the people of Gaza is increasing.