Israeli media revealed that the ongoing war on Gaza has cost the Israeli occupation approximately 300 billion shekels (around $80 billion), with analysts suggesting the real figure may have already surpassed that estimate.
Shaul Amsterdamski, economic affairs commentator for the Israeli Kan broadcaster, reported that internal discussions within the occupation’s Ministry of Finance are now focused on the spiraling cost of the war, particularly the military operations component.
Amsterdamski noted that the more the war expands, especially through the occupation of additional territory, the more the costs rise dramatically. The most significant burden, he explained, stems from the prolonged deployment of reserve soldiers, as well as expenses related to ammunition, fuel, and operational logistics.
He added that massive weapons procurement deals, totaling tens of billions, have been made to bolster the Israeli military’s capabilities, warning that these expenditures will have a decade-long financial impact on Tel Aviv's budget.
The economic analyst also cautioned against the occupation’s shifting discourse, where the very concept of "occupation" has been largely ignored. He emphasized that controlling Gaza would entail full administrative responsibility over civilian life, including education, food, sewage, and basic services, in addition to maintaining a large, costly ground force presence.
Massive fallout from war on Iran
Similarly, Israeli media in July sounded the alarm over $14 billion in losses, a surging defense budget, and tens of thousands of compensation claims, as economic strain deepens in the aftermath of the 12-day war on Iran.
Source:Websites