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Source: https://nypost.com/2023/11/25/opinion/israel-can-survive-the-war-economically/
Israel Can Survive the War Economically - until at Least the Summer
(New York Post) Sever Plocker - Israel's economy was in excellent shape in the months before its war with Hamas. Israel was sitting on $200 billion in foreign currency reserves and had less-than-zero net foreign debt. The military budget took up 5% of GDP - high, but not outrageous and lower than Saudi Arabia. The writer is chief economics correspondent for Yediot Ahronot.