Gaza Conquest Plan to Cost Israel Billions | JQJO

Israel's plan to conquer Gaza City carries a hefty economic price tag, estimated at NIS 100 billion ($29.2 billion) – 5% of its GDP, according to Hebrew University economist Esteban Klor. This includes military spending, reduced civilian spending, and potential trade boycotts. The ongoing conflict has already cost NIS 300 billion, increasing the national debt. Klor warns of potential credit downgrades, impacting the quality of life and hindering economic recovery. The plan faces domestic and international opposition.