Tel Aviv12 hours ago
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There was chaos after the Iranian missile collapsed at Soroka Medical Center in Bersheba, Israel on Friday.
The ongoing struggle between Iran and Israel is not just military, now it is also changing into economic crisis. According to former Israeli Defense Advisor Brigadier General Reem Amanic, Israeli is spending $ 725 million (about ₹ 6,000 crore) to fight a daily war.
This includes only direct expenses such as missiles, jet fuel, bombing and military deployment. If the damage to public infrastructure and decline in productivity is also added, then the real expenses can be much higher.
The Israeli Finance Ministry has reduced the GDP growth rate in 2025 from 4.3% to 3.6%. At the same time, the limit of budget deficit already fixed in 2025 may increase by 4.9%.
Iran attacked the city of Beersheba in Israel on Friday morning. This caused a fire in many trains.
₹ 12,500 crore was spent in the first 2 days
In the first two days after the attack on Iran on 13 June, Israel’s expenditure reached $ 1.45 billion (about ₹ 12,500 crore). Out of this, $ 593 million (about ₹ 5 thousand crore) bombarded and jet fuel and rest of the defense operations.
Budget deficit and GDP estimate to fall
The budget deficit limit by Israel’s Finance Ministry for 2025 was 4.9% of GDP, ie about $ 27.6 billion. But this estimate was before the new war began with Iran. Now Israel’s budget deficit may increase further.
At the same time, Israel’s defense budget has already spent a lot in the Gaza war. For this reason, the Finance Ministry has reduced the GDP growth rate in 2025 from 4.3% to 3.6%.
Defense budget doubling, development health education impact
Israel’s defense budget has increased from $ 15 billion in 2023 to $ 31 billion in 2025, which is about 7% of GDP (the highest after Ukraine in the world). This can lead to important areas like health and education.
Israel supports America
Iran has so far stained more than 400 missiles in this war, while Israel has claimed to have destroyed 120 launchers. Israel’s missile defense system is also getting tired now. The US is expected to get new defense systems. At the same time, Israel can also demand to increase the funds from America.
According to the Fire Power website, the US gives assistance of Rs 4500 crore to Iron Dome and Aero Defense System every year. About 30 thousand crores are given separately as military assistance to Israel every year from America. This help is called ‘Israel Fund’.
Crude oil prices increase by 5%
The global impact of this war has also started showing. Crude oil prices have increased by 5% and Brent crude has reached $ 74.60 per barrel. At the same time, S&P 500 and Asian stock markets have declined. The danger on water routes has also affected the energy supply.
What happened in the last 7 days in Iran-Israel struggle
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