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- Title
A Growing Butcher's Bill: Israel's War Spending.
- Authors
Kampmark, Binoy
- Abstract
The article discusses the growing costs of Israel's war against Gaza and the Palestinians. The Finance Ministry projects that the war will cost the country's budget around $13.8 billion, with $2.65 billion allocated for expenses such as evacuating residents, strengthening emergency forces, and rehabilitation. Prime Minister Benjamin Netanyahu has been criticized for regarding Israeli defense expenditure as inadequate, despite a decline in military spending as a percentage of GDP. The article also highlights concerns about the budget deficit and the potential impact on the economy. The author argues that Netanyahu's plan for peace involves the destruction of Hamas and the demilitarization of Gaza, without addressing Palestinian statehood. The article concludes by suggesting that the conflict will continue, resulting in further casualties and financial costs for Israel.
- Subjects
ISRAEL; WAR; MILITARY spending; BUDGET deficits; NETANYAHU, Binyamin, 1949-; BUDGET; ECONOMICS of war; ARAB-Israeli conflict
- Publication
International Policy Digest, 2023, p1
- ISSN
2332-9416
- Publication type
Article