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Israel Faces Unprecedented Financial and Social Challenges from Gaza War

The cost of the war on Gaza has become a subject of debate and criticism within Israel, especially in light of its continuation and the failure to achieve the results announced by the Israeli government so far, according to observers.

The newspaper reported,Yedioth Ahronoth“, Sunday, that the war in Gaza is causing unprecedented challenges and difficulties in Israel, with the deteriorating situation of local communities, the desire of reserve soldiers to return to their homes, the world exerting many pressures to mitigate the losses among civilians in Gaza, and the Israeli economy being exposed to one crisis after another. The other.

High cost of war

Three months after the war in Gaza, the newspaper explained that the cost of the Israeli war on the Strip amounted to 60 billion dollars, and despite this, its goals of liquidating the leaders of the Hamas movement and recovering the hostages have not yet been achieved, according to the newspaper.

After tabulating every aspect of the war so far, the cost was about $272 million per day, with each reservist receiving $82 per day, and these payments alone totaled $2.5 billion. This includes the war budget itself as well as various forms of financial aid to every civilian who has seen his income diminish due to the conflict, the Israeli newspaper said.

On the civilian front, compensation has already reached tens of billions, but these compensations have begun to diminish as the Israeli public gradually adapts to the “war routine.” Companies whose income decreased significantly will receive compensation of $2.7 billion for those three months, according to the newspaper.

Obviously,. As the newspaper sees, a large part of the damage was caused to the kibbutzim surrounding the Strip, where entire communities were destroyed and local infrastructure burned, and the damage is estimated at about 5.5 billion dollars. Now the same is happening in the north, with Hezbollah’s ongoing bombing campaign, where the financial loss amounts to nearly $1.6 billion.

Palestinians inspect the damage of a destroyed house following Israeli airstrikes on Khan Younis, Southern Gaza Strip, Sunday, Jan. 7, 2024. (AP Photo/Mohammed Dahman)

The cost of the war has cast a shadow on the state budget, according to the newspaper, which explained that the deficit is expected to reach about 30 billion dollars, which will require budget cuts and tax increases amounting to more than 18 billion dollars, which will be strongly felt in terms of quality of life. And the decline in services to the Israeli public in general.”

The newspaper talked about the cost of evacuating residents from northern and southern Israel, explaining that their number is about 125 thousand people, and caring for them already costs billions.

The war caused internal crises

The war also negatively affected the quality of education in Israel, which had already been damaged after the Covid-19 pandemic, and Israeli students felt the effects of this in the decline in the quality of education and the effects of social isolation that are still being addressed, and now the war in Gaza means that the educational front has reached a path Dead end, according to the newspaper.

She explained that the evacuees suffered more than others, as the children had to adapt again to completely different environments, which brought a kind of mental challenges that some of them may not be equipped to face.

Israel has launched air and ground attacks on the Gaza Strip since the cross-border attack launched by the Palestinian resistance movement Hamas on October 7.

Since then, at least 22,835 Palestinians have been killed and 58,416 others injured, according to Gaza health authorities, while Israeli authorities announced that about 1,200 Israelis were killed in the Hamas attack.

The Israeli offensive left Gaza in ruins, with 60 percent of the Strip’s infrastructure damaged or destroyed, and nearly two million residents displaced amid severe shortages of food, clean water and medicine.

The newspaper highlighted another crisis related to reserve officers in the Israeli army, and explained that they are concerned about making false promises about the time when they will be able to reunite with their families, as the dynamics of the war eliminate the possibility of predicting when it will end.

She stated that even if the officers are allowed to return home, it is a matter of time before they are called back, and perhaps this time they will be deployed in the north to confront Hezbollah, or in the West Bank to deal with numerous terrorist cells in Jenin and Ramallah.

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2024-01-08 07:13:00

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