ENGLISH NEWS International

Israel spent $31 billion on its military conflicts in Gaza and Lebanon in 2024

Parvez KhanComments Off on Israel spent $31 billion on its military conflicts in Gaza and Lebanon in 2024

Clash Report
@clashreport
Israel spent $31 billion on its military conflicts in Gaza and Lebanon in 2024, the Finance Ministry said in a report on Monday.

Between October 7, 2023 – when Palestinian militant group Hamas attacked Israel to trigger the war in Gaza and subsequent missile fire from Hezbollah in Lebanon – and the end of 2024 spending reached 141.6 billion shekels.

Total spending on defence in 2024 was 168.5 billion shekels, or 8.4% of gross domestic product, up from 98.1 billion in 2023, when defence costs were 5.2% of GDP, the report showed.

Parvez Khan
http://teesrijung.com

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