PNN – The economy of the Zionist regime was the first vital part of this regime that has been directly affected by the consequences of the Al-Aqsa storm battle, and every day new statistics of the economic losses of the Gaza war are published by Israeli and international institutions.
According to the International group of Pakistan News Network, the economic losses of the Al-Aqsa storm operation for the Zionist regime is one of the most obvious consequences of this war that the occupiers are struggling with and are worried about its impact on their vital parts.
The Israeli Ministry of Finance recently warned that if the war in Gaza continues, it will put the Israeli economy in a severe recession in the remaining months of this year and next year, and the situation will worsen if the war spreads on several fronts.
But recently, international financial and accreditation agencies and institutions such as Bloomberg and Fitch and Standard & Poor’s emphasized that Israel’s economy is moving towards a negative outlook and an unprecedented deterioration.
Since the beginning of the Al-Aqsa storm, the term “war economy” has become popular among Zionists, and they see with their own eyes the amount of economic damage to Israel and its disastrous consequences on their lives and livelihoods.
The challenges of the Zionist regime in the money and liquidity sector
– The foreign exchange reserves in the Central Bank of the Zionist regime have decreased from 198 billion dollars to 191 billion dollars.
– The budget deficit of the Zionist regime reached 6 billion dollars in October and 10 billion dollars in November.
– The Central Bank of the Zionist regime has estimated the cost of the war for this regime at 53 billion dollars, equal to 10% of the gross domestic product of this regime, but the information shows that Israel’s losses in this sector will be much higher.
– In the first week of the war, the central bank of the occupying regime used its 45-billion-dollar foreign exchange reserves for the first time to prevent the fall in the value of this regime’s currency, but the pressure of Israeli military censorship prevents the disclosure of these statistics.
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Huge damage to the technology sector of the Zionist regime in the Gaza war
The technology sector is economically the strongest sector of the Zionist regime, as it accounts for 28% of GDP and about 50% of exports, and employs about 15% of the workforce.
With the summoning of 90,000 workers from this sector to the army to participate in the Gaza war, the technology sector of the Zionist regime suffered the biggest damage.
In addition, with the failure of the Israeli spy and intelligence agencies in predicting the Al-Aqsa storm operation, trust in the Israeli technology sector has decreased to a great extent.
The tourism sector in occupied Palestine is under the heavy burden of Al-Aqsa storm
After the start of Al-Aqsa storm operation, the tourism sector of the Zionist regime, which plays an important role in the gross domestic product of this regime and created many jobs for the Zionists, has suffered the most damage.
In some areas of occupied Palestine, the income from tourism decreased by 70%, and in the areas near Gaza, as well as the northern areas of the occupied lands near the borders of Lebanon, the tourism sector of the Israelis has been completely paralyzed.
Decrease in economic growth and incomes
In a report, the Ministry of Finance of the Zionist regime, referring to the significant decrease in the economic growth of this regime in the last two months, announced that the economic growth of Israel is expected to decrease from 2.7% to 0.5% in 2024, which means that the economy is in a state of stagnation and Revenues continue to decline.
Big damage to the real estate sector
The real estate sector of Occupied Palestine constitutes 6% of the revenues of the Zionist regime’s budget. The information related to the sale of real estate in the occupied territories has shown an unprecedented decrease in this field, so that the sale of real estate in Ashkelon is 78%, in Holon 73.4%, in Beer al-Saba 68.5%, in Ashdod 65.8%, in Haifa 48%. And in Quds, it has decreased by 47%.
Installments and debts of the Zionist regime
With the start of the Gaza war, the payment of 117,000 installments related to housing loans in occupied Palestine worth 727 million dollars has been postponed, which means direct damage to the banking sector of the Zionist regime. Especially if this process continues for several months.
Financial agencies Bloomberg and Fitch and Standard & Poor’s announced in a report that Israel’s domestic debt has reached 300 million dollars, which shows that the regime’s economy is moving towards a negative outlook and unprecedented deterioration.
The international financial institutions announced that Israel’s economy, which was considered strong and efficient by the International Monetary Fund, quickly went into recession after the start of the Gaza war, and today it is in a state of turmoil.