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Iran War Has Cost Israel $11.5 Billion in Budgetary Expenses, Ministry Says

Summary by New Strait Times
JERUSALEM: Israel’s war with Iran incurred 35 billion shekels (US$11.52 billion) in budgetary expenses, with 22 billion shekels of that going to defence, the Finance Ministry said on Sunday, citing a preliminary estimate.

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Israel’s Ministry of Finance estimates the initial cost of the war with Iran at more than €9,835 million, between military spending, compensation and civil costs. The war with Iran has had a strong impact on Israel’s public accounts. According to an initial estimate by the Ministry of Finance, the total cost of the conflict amounts to approximately 35 billion shekels (about €9,835 million), a figure that includes both direct military spending an…

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The war with Iran has so far cost Israel about 35 billion shekels, or approximately $11.5 billion in budget costs, according to initial estimates from the Israeli Ministry of Finance.

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Fragilized by age and often isolated, 115 Shoah survivors had to be evacuated from their homes damaged during Operation Lion Rug.

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Reuters broke the news in United Kingdom on Sunday, April 12, 2026.
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