\n<\/p>
Israel’s 2024 state budget will be first directed to war,
\nthen to economic growth. Israeli Minister of Economy Nir Barkat said this. He
\nnoted that certain “compromises” will be made, necessary for the expansion of
\nthe government.<\/p>\n
The Israeli Ministry of Finance is going to submit the new state budget in the
\ncoming days. “For 2024, we are planning the budget in a way that will allow us
\nto focus first on the war, then on economic growth. We will make necessary
\ncompromises, so that everybody can be happy,” Barkat said in his interview with
\nBloomberg. <\/p>\n
<\/p><\/p>\n
As Barkat noted, the military operations will cost 2-3% of
\nIsrael’s GDP. However, the country will be able to “overcome it relatively
\neasily”. He also noted that potential investors do not need to be concerned
\nabout the economic price that Israel is ready to pay for the war. “When there
\nis no security, there is no economy. That is why we are ready to do our best to
\nrestore our security,” Nir Barkat said.
<\/p><\/p>\n\n
To remind, the war between Israel and Hamas continues. So
\nfar, 1.4 thousand people have been killed on the Israeli side, and 11.000
\npeople on the Palestinian side. Israeli Prime Minister Benjamin Netanyahu has
\nannounced their plans to establish military control in the Gaza Strip. Making
\nreference to the data provided by the Ministry of Finance, Israeli daily
\nbusiness newspaper Calcalist wrote that if the military operations against
\nHamas continue for more than 12 months, they will cost Israel over $50 billion,
\nwhich will amount to about 10% of Israel’s annual GDP.
<\/p><\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"
Israel’s 2024 state budget will be first directed to war, then to economic growth. Israeli Minister of Economy Nir Barkat said this. He noted that certain “compromises” will be made, necessary for the expansion of the government. The Israeli Ministry of Finance is going to submit the new state budget in the coming days. “For […]<\/p>\n","protected":false},"author":1,"featured_media":4971,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[2,35,43],"tags":[],"class_list":["post-4974","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-politics","category-world"],"acf":[],"_links":{"self":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/4974","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/comments?post=4974"}],"version-history":[{"count":0,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/4974\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/media\/4971"}],"wp:attachment":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/media?parent=4974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/categories?post=4974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/tags?post=4974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}