Israeli economy on the brink of collapse

Yair Golan, head of the Democrats Party, stated that the Israeli economy is collapsing and accused Bezalel Smotrich, the regime’s Finance Minister, of being a “minister of destruction and annexation” rather than a finance minister. 

Regarding the economic situation in the occupied territories and the impact of the Gaza war, Smotrich told the Knesset (Israeli parliament) in September 2024: “We are in the longest and most costly war in Israel’s history.” He added that the cost of military operations could reach 200 to 250 billion shekels (between $54 and $68 billion).

According to Al-Mayadeen news site, Golan also criticized the Israeli regime’s cabinet, stating that it is dreaming of war in Gaza while abandoning prisoners to their fate.