PNN – The Ministry of Finance of the Zionist regime announced that the budget deficit of this regime in April reached the figure of three billion dollars equivalent to 11 billion shekels (the currency of the Zionist regime).
According to the report of Pakistan News Network from Sky News, the Ministry of Finance of the Zionist regime announced that the budget deficit of this regime increased to 7% of the GDP in the 12 months ending in April and exceeded the target of 6.6% for the whole of 2024.
According to this report, the tax revenues of the Zionist regime decreased by 4.1% in the first three months of this year and decreased by 13.1% in April.
The Zionist newspaper “Ma’ariv” had previously announced that the monthly budget deficit of the Zionist regime in March reached about four billion US dollars or equivalent to 6.2% of the GDP.
Ma’ariv wrote: From the beginning of this year (2024) until the end of March, the total deficit in Israel’s (regime) budget has reached about seven billion dollars.
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The Ministry of Finance of the Zionist regime has predicted a budget deficit of eight billion dollars for 2025 due to the current costs of the war in Gaza.
The Ministry of Finance of the Zionist regime had previously predicted that the war with the Palestinian resistance and its effects and consequences will cause about 51 billion dollars in damage to this regime and its effects will be much more extensive than Covid-19.
The Hebrew language newspaper “Calcalist” also wrote about this earlier that according to the preliminary statistics of the Ministry of Finance of the Zionist regime, the war with Hamas in the Gaza Strip will cost Israel more than 200 billion shekels (the Israeli currency is equal to 51 billion dollars), which is equivalent to 10% of its GDP.
Calcalist further described the forecast of the Ministry of Finance of the Zionist regime as optimistic about the cost of 51 billion dollars in the war with Hamas.
On October 7, 2023, the Palestinian resistance groups launched the “Al-Aqsa Storm” operation from Gaza against the positions of the Israeli regime, and finally, on November 24, 2023, a four-day temporary ceasefire was established, or the pause for the exchange of prisoners between Hamas and Israel.
This pause in the war continued for seven days, and finally, on the morning of Friday, December 1, 2023, the temporary ceasefire ended and the Israeli regime resumed attacks against Gaza.
In order to compensate for its failure and stop the resistance operations, this regime has closed the crossings of the Gaza Strip and is bombing this area.