How Much the Conflict in Gaza Will Cost Israel

The Palestine-Israel conflict will cost Israel $48 billion in its 2023-2024 budget, while the United States may cover part of Tel Aviv's overall expenses. This was reported by Bloomberg, citing the Israeli financial consulting firm Leader Capital Markets, as conveyed by RIA Novosti.

According to the agency's publication, "The war, which the Finance Ministry estimates costs about $270 million per day, will amount to approximately 180 billion shekels ($48 billion) for the 2023-2024 budget." Meanwhile, the firm believes that Israel will likely bear two-thirds of the total expenses, with the remaining portion covered by the United States.