Israel's Gaza war costs exceed $67billion
The economic toll of Israel's ongoing war on Gaza reached approximately 250 billion shekels ($67.57 billion) by the end of 2024, a report said.
Israeli business newspaper Calcalist released the figure on Friday that reflects estimates by the Bank of Israel and includes direct military expenses, civilian expenditures, and revenue losses, but not the full extent of financial repercussions.
The report described the costs as a "heavy burden" and criticized the "failure" of the war effort, highlighting the need for substantial increases in Israel's defense budget over the next decade.
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