
- Details
- Jay Engelmayer
- Finance
The current conflict between Israel and Gaza, which has drawn international attention, has placed a substantial financial burden on Israel, with the Israel Central Bank revealing a staggering cost of 198 billion shekels (approximately $53 billion). This figure, encompassing more than half in defense spending, signifies the profound economic implications of the conflict on the nation.
Read more: Central Bank: Israel's Economic Strain From Gaza War Exceeds $53 Billion