{"id":121429,"date":"2024-04-15T00:00:00","date_gmt":"2024-04-15T00:00:00","guid":{"rendered":"http:\/\/kuwaitnewsgazette.com\/?guid=04f8ba43be7bb9565a258b434fa4e968"},"modified":"2024-04-15T00:00:00","modified_gmt":"2024-04-15T00:00:00","slug":"the-war-increased-israels-debt-by-200","status":"publish","type":"post","link":"https:\/\/kuwaitnewsgazette.com\/the-war-increased-israels-debt-by-200\/","title":{"rendered":"The war increased Israel’s debt by 200%."},"content":{"rendered":"
\nJerusalem – Ma’an – The Israeli Ministry of Finance said – today, Monday – that the war on the Gaza Strip led to an increase in debt to 200% last year.<\/p>\n
The ministry said in a report that Israel recorded debts amounting to 160 billion shekels ($43 billion) in 2023, including 81 billion shekels since the outbreak of the war last October.<\/p>\n
Israel borrowed 63 billion shekels in all of 2022.<\/p>\n
Total debt reached 62.1% of GDP in 2023, up from 60.5% in 2022 due to a rise in war spending, and it is expected to reach 67% in 2024.<\/p>\n
Accountant General Yali Rotenberg said that 2023 was full of challenges and entailed a sharp increase in financing needs and ‘required tactical and strategic adjustments’ in the government’s borrowing plan.<\/p>\n
Source: Maan News Agency<\/p>\n","protected":false},"excerpt":{"rendered":"
Jerusalem – Ma’an – The Israeli Ministry of Finance said – today, Monday – that the war on the Gaza Strip led to an increase in debt to 200% last year.<\/p>\n
The ministry said in a report that Israel recorded debts amounting to 160 billion shekels ($43 bil…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"yoast_head":"\n