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Israel’s Wartime Economy Can't Hold Up Forever

Summary by Ground News

Israel entered the war with $200 billion in reserves and $14 billion in aid from the United States. Experts say the ongoing conflict will cost the Israeli economy billions more and take much longer to recover than it has in the past. The Israeli shekel has already plummeted to a 14 year low, the central bank has cut the forecast for economic growth.

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Israel’s Wartime Economy Can't Hold Up Forever

The country’s massive military mobilization has created serious economic strain.

2 years ago·United States

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Foreign Policy broke the news in United States 2 years ago on Tuesday, November 7, 2023.

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