PNN – The Economist weekly wrote in a report that it published on Friday morning that Israel has no choice but to reduce the attacks on Gaza.
According to Pakistan News Network, citing Al-Mayadeen network, the Economist further added: Israel’s continuous mobilization to call up 360,000 reserve soldiers is destroying Israel’s economy.
In this regard, the Israeli Ministry of Finance last Monday estimated the cost of the current war in Gaza at 191 billion shekels ($51 billion).
Officials of the regime’s Ministry of Finance, who held a meeting on Monday with members of the Knesset Finance Committee, said that this figure may increase depending on the developments in the field.
The Zionist regime had previously estimated the cost of the war at 163 billion shekels (44 billion dollars).
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Israeli finance ministry officials also told the Knesset that tax revenues had been declining even before the start of the war in Gaza.
The media of the Zionist regime believe that the financial losses of this regime have put a lot of pressure on Netanyahu’s cabinet’s decision to continue the war, and the cabinet’s decisions and financial statements show that the war is coming to an end soon, especially since compensation payments to war-damaged companies have not been extended beyond November.
On the other hand, the report of the commercial transactions of “Price Waterhouse Coopers” company of Israel about the business of this regime in 2023 depicts a reality full of challenges for the economy of this regime.
According to the report published by the Hebrew newspaper Jerusalem Post, the total value of Israel’s commercial transactions this year has reached about 9.8 billion dollars, which is the lowest amount in the last 10 years, and compared to 18 billion dollars in 2022, it will decrease.
The report indicates that Israel’s technology sector, which is the driving force of the regime’s economy, has not improved, as foreign investments in this sector have fallen sharply, reaching $6.7 billion, a 41 percent decrease compared to 2022.