PNN – The occupied territories have now become the second most expensive region in the world, despite promises made by the Netanyahu cabinet.
According to the report of Pakistan News Network; the news outlet of the Zionist regime’s Channel 12 reported that the cost of a basket of food staples in Israel continues to rise, notwithstanding all the pledges made by the Netanyahu cabinet.
The network noted: We are witnessing a vast gap between market prices and the statements made by Israeli officials.
A report by this Hebrew-language media outlet highlights that the occupied Palestinian territories are experiencing daily increases in food prices—compounded by rising fuel costs—thereby demonstrating the failure of the Netanyahu cabinet to fulfill its promises and exposing the baselessness of Israeli officials’ claims that they would restore conditions to how they were at the start.
The report notes that, according to data from the Berl Katznelson Institute, overall prices in the economy have risen by 11 percent since the formation of the Netanyahu government.
Furthermore, research conducted by the Knesset indicates that food prices have increased by 15 percent since the Netanyahu government took office.
The Finance Minister has failed to dismantle any monopolies during his tenure, despite this commitment being enshrined in the policies and fundamental principles of the Netanyahu cabinet.
The Hebrew-language media outlet went on to address unfulfilled promises regarding education in Israel, noting that Prime Minister Benjamin Netanyahu had pledged to provide free education for children aged zero to three—a promise that never materialized. Parents of young children report that the cost of private daycares continues to rise, while benefits have remained stagnant, if not diminished.
Israel’s Channel 12 further emphasized that an international index presents a bleak picture of Israel’s economic situation. It noted that The Economist—one of the world’s leading economic publications—uses the “Big Mac Index” to track hamburger prices at McDonald’s restaurants globally, and Israel ranks very poorly on this scale.
Israel holds the second-highest position on this index—ranking only behind Switzerland—meaning it has the second-most expensive Big Mac among all locations where the McDonald’s chain operates.