The economic consequences of the Gaza war for the Zionist regime

The Al-Aqsa Hurricane operation of October 7th, which has led to the illegal regime of Israel receiving a historic defeat, has also led the regime to continue to fail in other fields, especially considering that it is still continuing the genocide against the Palestinian citizens in the Gaza Strip.

Nov 19, 2023 - 13:30
The economic consequences of the Gaza war for the Zionist regime
The economic consequences of the Gaza war for the Zionist regime

According to media reports, the Al-Aqsa Hurricane operation has caused the Zionist regime an unprecedented financial loss. The loss can be analyzed in two parts, direct and indirect. The direct losses are from the costs of the war and the indirect losses are the billions of dollars gained by organizations and companies as well as the infrastructure of the Zionist regime as a result of the effects of the war. The Telegram channel of the Palestinian website Al-Risalah has reported and indicated the economic losses of about 100 billion dollars directly or indirectly incurred by the aggressive Zionist regime since the beginning of the Al-Aqsa Storm operation. until the 17th day of that war. According to the report, the value of the shekel (the currency of the Zionist regime) decreased by 5.7 percent. Direct damage to infrastructure was 4 billion dollars and to the tourism sector 3.5 billion dollars. The decrease of 10 percent of the transactions of the Tel Aviv stock market, i.e. the value of 29 billion dollars is something that has given the administration great concern.

The suspension of gas production had also left behind a loss of 6 billion dollars. The suspension of operations at the port of Ashkelon caused a loss of 24 billion dollars. The stock checks decreased by 10 percent. The direct cost of military operations had reached 7 billion dollars. Zionist soldiers in Gaza In addition, the Zionist administration has returned to the army about 360,000 reserve soldiers out of 400,000 soldiers for the war that continues to cost the administration a lot of money. On the other hand, the removal of a large amount of workers in industries and professional and educational centers has brought other indirect effects to the economy of the administration. About 8 percent of the workers have been called to provide emergency military services, an issue that has led the apartheid regime to face a severe shortage of industrial workers. According to available reports, the port of Haifa is also about to be closed and no foreign ships dock there. In addition to that, the Zionist administration has moved about 250,000 settlers from the settlements north of the border with Lebanon and sent them to the south of Eilat. It has also displaced Zionist settlers in 55 neighborhoods near the border of the Gaza Strip that have about 50,000 residents.

However, at least 300,000 Zionists within the Zionist regime have been displaced from their homes and sent to other areas, which has cost the regime billions of dollars. At the same time, the flight of Zionist settlers from the areas where they have been living has disrupted normal business activities and led to the closure of many shops, medical centers, schools, transportation services in areas that are attacked by Hamas rockets. Another issue is that the war in Gaza has led to a halt in foreign as well as domestic investment in the occupied lands because investment requires stability and security, two things that are no longer present due to the ongoing war. It is due to these economic results that many believe that continuing the war will not only bring the Zionist regime any victory, but will also increase its military, economic and political problems.