Israel's military actions against Iran and Lebanon are costing Tel Aviv nearly $15 billion. This was reported by the Middle East Monitor, citing the newspaper "Calcalist". The amount is expected to continue to grow as the hostilities continue.
The economic daily "Calcalist" claims that the cost of the ongoing war with Iran and "Hezbollah" in Lebanon has reached about 47 billion shekels (about $15 billion). It is likely to increase if the conflict continues and its economic consequences widen.
The newspaper points out that the Israeli Defense Ministry has requested about 39 billion shekels ($12.4 billion) to cover military expenses, with expectations that this figure could increase in 2026.
The newspaper notes that the war, now in its sixth week, increases the likelihood of a long-term increase in the defense budget, rather than a decrease, as Israel prepares for possible further confrontations with Iran and Hezbollah.
Some 26,000 civilian claims have been filed for damages caused by rockets, estimated at between 1 and 1.5 billion shekels ($320-450 million). The newspaper adds that these direct damages do not represent the largest burden on the budget.