“Israel” has reported financial losses amounting to $67 billion as a result of its ongoing genocidal war on Gaza, the Middle East Monitor (MEMO) news website mentioned on Saturday.
It highlighted that this figure includes $34 billion in direct military expenses and $40 billion in general budget losses, marking the largest economic setback in the Israeli occupation’s history.
Over the past year, approximately 60,000 Israeli businesses have shut down, representing a 50% increase compared to 2023, the news website said. It added that the Israeli tourism sector has also suffered significantly, with a 70% decline in visitors leading to losses exceeding $5 billion.
Meanwhile, the construction industry reported losses of $4 billion, with more than 70 companies ceasing operations, according to MEMO. Additionally, data revealed that one-third of the population under Israeli occupation now lives below the poverty line, with a quarter experiencing food insecurity.
Consolidation of industrial complex
Lives for money with taxpayers subsidy as others mentioned.
2025!
It’s okay, the US will foot the bill.
Don’t take your foot off the gas now, boycott, boycott, boycott.
Lucky for them, the US gave them 18 billion dollars since they started their genocide efforts.
Not enough. Israel should be sanctioned and its entire government arrested.
That’s almost $7000 per citizen
Not to mention their global unmasking as genocidal cultists.
womp womp
