This damage includes military spending, infrastructure destruction, missile attacks, compensation to victims, and business losses.
Israel has suffered heavy economic losses in the recent 12-day war with Iran.
According to Iranian media and Israeli sources, Israel has suffered direct economic losses of $12 billion and a total of $20 billion in this war.
This loss includes 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 expected to reach 6%.
According to Israeli newspapers, military spending alone reached $5 billion during the war, while more than 15,000 citizens were forced to leave their homes. The government is having to bear the costs of hotels and reconstruction for these victims.
The Israeli Ministry of Finance is now considering obtaining financial assistance or a loan guarantee from the United States to meet the needs of the military budget. So far, more than 41,000 compensation claims have been deposited in the government fund since the war.
The Israeli government says 29 people were killed and more than 3,200 injured in Iran’s retaliatory missile attacks, but observers believe the true toll could be much higher. Some reports are calling the attacks “apocalyptic disaster.”
