The ongoing war against the Hamas terror group is projected to cost Israel a staggering NIS 253 billion ($67 billion) between 2023 and 2025, Bank of Israel Governor Amir Yaron warned on Thursday. 

Speaking at a conference, Yaron highlighted the significant financial burden posed by the conflict, affecting both defense and civilian sectors.

Yaron emphasized that the security and civilian costs of the war are substantial and present a significant budgetary challenge. 

He noted that the future security budget is expected to increase permanently, impacting the country's macroeconomic stability. ... Read More: i24