Gaza war cost Israeli economy $1.4 billion - central bank


  • World
  • Friday, 08 Aug 2014

JERUSALEM (Reuters) - The month-long Gaza war cost Israel's economy some $1.44 billion (855.51 million British pound), its central bank governor Karnit Flug said on Thursday, citing interim assessments.

"The assessment is that it can reach up to around 0.5 percent of GDP, which is up to 5 billion shekels," Flug told Israel's Channel Ten television.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Amazon reports Q1 results with sales growth, profit jump
F-16 fighter jet crashes in U.S. New Mexico, pilot ejected
Italy sees faster economic growth in Q1
U.S. stocks close lower
China-Serbia forum highlights community with shared future for mankind
Crude futures settle lower
Colombia's President Petro blames corruption for missing bullets, missiles, grenades
U.S. dollar ticks up
Malawian president appeals for aid amid drought, flooding
Chinese giant panda couple arrives in Spain

Others Also Read