12 -Day War, $ 20 Billion Shock! Israel Has Come Close To Bankruptcy
This loss contains military spending, infrastructure destruction, missile attacks, compensation to victims, and business losses
Israel has suffered huge economic losses in the recent 12 -day war against Iran.
According to Iranian media and Israeli sources, Israel has directly suffered a loss of $ 12 billion and a total of $ 20 billion.
The damage consists of military spending, infrastructure destruction, missile attacks, compensation to victims, and business losses. The pressure on the Israeli economy is so severe that the country’s fiscal deficit is likely to reach 6 %.
According to Israeli newspapers, only military spending reached $ 5 billion during the war, while more than 15,000 citizens were forced to leave their homes. For these victims, the government is facing hotel spending and construction costs.
The Israeli Ministry of Finance is now considering seeking financial assistance or loan guarantee from the United States to meet military budget needs. More than 41,000 compensation claims have been collected in the government fund so far after the war.
According to the Israeli government, 29 people were killed and more than 3200 were injured in Iran’s counter -missile attacks, but observers believe the real figures may be much more. In some reports these attacks are being described as “the Day of Resurrection”
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