Israel Economy Shrinks by One-Fifth in Final Quarter Due to Gaza War | World News

Israel Economy Shrinks by One-Fifth in Final Quarter Due to Gaza War | World News

JERUSALEM: Israel’s GDP shrunk by almost one-fifth in the final quarter of 2023, compared to the three months prior, according to official figures published on Monday.The 19.4-per cent fall in the final quarter was attributed to the scale of the ongoing Gaza war‘s effect on the high-tech nation’s economy.Overall, Israel’s GDP grew by 2.0 per … Read more