Heavy economic costs of war against Iran for Tel Aviv

Heavy economic costs of war against Iran for Tel Aviv


The Israeli regime’s war against Iran has imposed heavy costs on Tel Aviv.

According to Al Jazeera, Israeli media outlets announced that the regime is considering increasing the military, tourism and insurance budgets.
The Israeli media outlet Calcalist reported that the Finance Committee will discuss an increase in the military budget on Monday by approximately 3 billion shekels, or 1.043 billion US dollars, this year.
According to this Israeli media outlet, the Ministry of Finance is seeking to increase the budget of the Ministry of Tourism by 900 million shekels, or 257.7 million US dollars, to accommodate refugees in hotels.
According to this media outlet, the Israeli Ministry of Finance is also seeking to increase the budget of the insurance company by two billion dollars, or 573.2 million US dollars, to compensate refugees.