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Israel budget deficit jumps to 6.9% of GDP in 2024 due to war costs
Home » News » Middle East » Israel » Israel budget deficit jumps to 6.9% of GDP in 2024 due to war costs

Israel budget deficit jumps to 6.9% of GDP in 2024 due to war costs

Clora Mongold 13/01/2025 15:27

JERUSALEM – Israel posted a budget deficit of 19.2 billion shekels ($5.2 billion) in December, the Finance Ministry said on Monday, citing high expenses to finance the wars with the Palestinian Islamist militant group Hamas in Gaza and Hezbollah in Lebanon…

The Straits Times
JERUSALEM – Israel posted a budget deficit of 19.2 billion shekels ($5.2 billion) in December, the Finance Ministry said on Monday, citing high expenses to finance the wars with the Palestinian Islamist militant group Hamas in Gaza and Hezbollah in Lebanon…
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