Yossi Schwartz ISL (RCIT section in Israel/Occupied Palestine), 16.04.2024
Israel’s economy is in crisis, and with every passing day, the price of products, including food, is on the rise. According to the voluntary organization Leket Israel, the number of people lacking adequate food for the Passover holiday and beyond is increasing. Higher food prices, including fruit and vegetables, and economic damage, mainly to small, independently-owned businesses, have taken their toll.
“The Hamas war in Gaza and with Hezbollah in northern Israel have resulted in a loss of about 40% of the industry workforce, a reduction of about 30% of the agricultural areas located in the Western Negev and the other border areas, and an increase of 60,000 tons of imported food.
Leket Israel also reports that the war in Gaza has exacerbated food insecurity among vulnerable populations due to a significant decrease in the volume of food provided to these communities as a result of damage to the agriculture sector” [i]
“The Ministry of Economics said in a report that Israel raised 160 billion shekels ($43 billion) in debt in 2023—half of it, 81 billion shekels, since the outbreak of the war in October.It raised 63 billion shekels in all of 2022. Total debt amounted to 62.1% of the gross domestic product in 2023, up from 60.5% in 2022 due to the spike in war spending and is expected to reach 67% in 2024” [ii]
The longer the war on the Palestinians continues the more the Zionist economy is sinking.
Thus, the military and political defeat of the criminal Zionist monster is predicting the beginning of its end.
Down with the Zionist apartheid state from the river to the sea!
Endnotes:
[i] https://www.jpost.com/israel-news/article-797202
[ii]https://www.jpost.com/israel-hamas-war/article-797198