Economists estimate Israel’s cost in conflict with Hamas

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Israel will spend approximately $48 billion in 2023-2024 during the conflict with the radical Palestinian movement Hamas. This was reported by Bloomberg With reference to data from financial company Leader Capital Markets.

Israel will likely bear two-thirds of the total cost of the conflict, with the United States shouldering the rest, the agency said.

As Yali Rotenberg, chief accountant at the Israeli Ministry of Finance, put it, the ministry has the capacity to finance the country “even in more extreme scenarios than current hostilities.”

Before that Ynet portal reportedIt is stated that Israel is actively purchasing bombs, missiles, unmanned aerial vehicles (UAVs) and other weapons from abroad in order to prepare for military operations on more than one front at the same time. The country’s own defense industry is working intensively, many enterprises have been transferred to the production of military products.

According to the portal, $ 1.5 billion was spent on the purchase of weapons produced by both the Israeli military-industrial complex and foreign countries. Some of the delivered samples are used on the battlefield and provide rear defense.

Previously in the European Union said About spending on strengthening Georgia’s defense capabilities.

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