The Jewish state will pay $53 billion for the seven-week campaign Israel’s war on Hamas will cost the country $53 billion and hamper economic growth into 2024, according to figures published by the Bank of Israel on Monday. Fighting has been paused since a truce came into effect on Friday, but the Israeli military is expected to resume operations in Gaza this week. Direct military spending will account for $29 billion of the $53 billion total, the bank stated, adding that this figure includes military aid provided by the US. Compensation for damage will come to $6 billion, while other civilian expenditure will com
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