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Israel's economic losses have continued since the beginning of its forces' aggression against the Gaza Strip in mid-October 2023.
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Reports estimated the expected cost of this war at $56 billion, including the army budget and compensation, while construction sector losses amounted to $644 million per week, and the labor shortage in the construction fields reached more than 140,000 workers.
Reports indicate that Israelis' income has decreased by 20% since the beginning of the war, investments in the technology sector have declined to 15%, and last year's tax revenues are expected to shrink by 8.4%.
Analysts expected that the rate of contraction in the Israeli economy would reach 1.5% if the war continued until the end of the year, and that the budget deficit for the fiscal year 2023 would reach more than 18.5 billion dollars.