{"id":10896,"date":"2025-01-13T13:57:33","date_gmt":"2025-01-13T13:57:33","guid":{"rendered":"https:\/\/www.watanserb.com\/en\/?p=10896"},"modified":"2025-01-13T16:15:18","modified_gmt":"2025-01-13T16:15:18","slug":"economic-and-human-costs-of-israels-war-on-gaza-a-looming-crisis","status":"publish","type":"post","link":"https:\/\/www.watanserb.com\/en\/2025\/01\/13\/economic-and-human-costs-of-israels-war-on-gaza-a-looming-crisis\/","title":{"rendered":"Economic and Human Costs of Israel’s War on Gaza: A Looming Crisis"},"content":{"rendered":"

Watan<\/em>–<\/strong>Israel has incurred significant economic costs due to its war on the Gaza Strip, with the Bank of Israel estimating total losses to be around 250 billion shekels ($67.57 billion) by the end of 2024. These costs include direct security expenses, civil expenses, and revenue losses that have been severely impacted by the ongoing fighting.<\/p>\n

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According to the Israeli economic newspaper Calcalist, the financial burden of the war will be long-lasting, as it requires a substantial increase in the defense ministry’s budget over the next ten years to compensate for military failures and improve the capabilities of the Israeli army. The newspaper pointed out that the new budget will include the purchase of more warplanes, helicopters, armored personnel carriers, as well as vast amounts of weapons and ammunition, increasing the economic pressure on the Israeli government.<\/p>\n

The losses were not limited to the financial side, as they also extended to the human and social aspects. Reports indicate that the war has left large numbers of casualties, both dead and wounded, within the Israeli military, causing severe psychological and moral damage to the families of soldiers and the injured, some of whom are suffering from long-term mental trauma.<\/p>\n

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