Israeli Finance Ministry: War with Hamas will cost at least $14 billion in 2024 ...Iraq

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Shafaq News/ The Israeli Ministry of Finance stated on Monday that the war with the Palestinian Islamic Resistance Movement (Hamas) is likely to cost Israel at least 50 billion shekels (14 billion dollars) in 2024. This is expected to result in an almost threefold increase in its budget deficit, with the anticipation of continued fighting until February. Itai Tiamkin, the deputy budget commissioner at the Ministry of Finance, informed members of the Knesset that the war is expected to last for at least two months in 2024. This will lead to an additional 30 billion shekels for security and another 20 billion for civil and other expenses. Tiamkin further stated to the Knesset Finance Commit

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Last updated : 25 Dec 2023 clock 07:49 PM

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Israeli Finance Ministry: War with Hamas will cost at least $14 billion in 2024 ...Iraq

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