A series of conflicts dealt a serious blow to the Israeli economy

The ongoing military clashes are having a significant negative impact on the Israeli economy.
In particular, the country is acting simultaneously in three directions - in the context of war with Hamas, clashes with Hezbollah, and a sharp confrontation with Iran.
According to the Central Bank of Israel, direct economic losses have reached $57 billion since the beginning of the conflict with Gaza. This indicates serious pressure on the country's economic stability.
At the same time, the escalating tensions with Iran and Lebanon are exacerbating the situation.As a result of a sharp increase in military spending, public debt has approached almost 70% of GDP.
Furthermore, the decline in export volumes is exacerbating economic problems. Experts believe that if the conflict continues, it could have a long-term negative impact on the Israeli economy.
Read “Zamin” on Telegram!