The country spends $270 million a day on the military campaign in Gaza, according to the credit rating agency The war with the Palestinian militant group Hamas is costing Israel at least $269 million a day and is expected to hit the country’s economy harder than previous conflicts, ratings agency Moody’s has said in a report based on Israeli Finance Ministry estimates. The overall cost of the war could reach as much as 200 billion shekels ($53.5 billion), nearly 10% of GDP, threatening Israel’s economic future, the Moody’s report revealed this week, citing data from the Institute for National Security Studies (INS
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