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(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. 2023-11-27 00:00:00Full Article
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. 2023-11-27 00:00:00Full Article
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