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Israel's Deficit Soars Amid War, Projected 9% by 2025

1/3/2025

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Story summary
  • Israel's national deficit has surged to 4.1% amid the ongoing war, with alarming projections of 9% by 2025. The conflict has wreaked havoc on the economy, causing a staggering 34% plunge in airport traffic and prompting 600,000 citizens to flee. Military expenses are projected at 250 billion shekels, threatening the nation’s long-term financial health.