Israeli occupation incurs $15 billion in costs due to its war on Iran, Lebanon

OCCUPIED AL-QUDS, April. 06 (YPA) – Hebrew media revealed that Israel has incurred costs of approximately $15 billion since the start of its war on Iran and Lebanon, which has now entered its 38th day.

The Hebrew newspaper Calcalist reported that the cost of the ongoing war with Iran and Hezbollah in Lebanon has risen to approximately 47 billion shekels (around $15 billion) and will increase in the coming period as the fighting continues and its economic repercussions widen.

The newspaper, which specializes in economic affairs, indicated that the Israeli Ministry of Defense has requested approximately 39 billion shekels ($12.4 billion) to cover military expenses, with expectations that this figure will rise during 2026 if the war continues or similar rounds of fighting are repeated.

It explained that the war, which has entered its sixth week, strengthens the likelihood of increasing the security budget in the long term rather than reducing it, in light of preparations for possible additional confrontations with Iran and Hezbollah.

Regarding the civilian aspect, the newspaper reported that approximately 26,000 compensation claims were registered for damages resulting from missile strikes, estimated at between 1 and 1.5 billion shekels (between 320 and 450 million dollars), but it considered that these direct damages did not represent the biggest burden on the budget.

It confirmed that the main burden was the plan to compensate companies and workers, estimated at about 6.5 to 7 billion shekels (between $2.1 and $2.3 billion), in addition to about half a billion shekels ($160 million) to cover the costs of workers who were placed on unpaid leave.

In the same context, Yediot Aharonot reported that the Israeli agricultural sector suffered heavy losses as a result of the war, given the inability of farmers to export their products.