FARAAN: In addition to the political consequences, the Al-Aqsa storm operation also has economic consequences. On the morning of October 15th, in response to the Zionist regime’s continuous aggression against the Palestinians, Hamas attacked the positions of the Zionist regime with 1000 troops from 15 points of the border fence during the Al-Aqsa storm operation. So far, many analyzes have been said and written about the military and political aspects of this operation, but regardless of whether the winner of this war is the Israeli regime or Hamas, this war has one main loser: “Israel’s economy”.
Israel’s “Hapoalim” bank estimated the cost of the initial damages to the Israeli economy since the beginning of the “Aqsa Storm” attacks and the “Israeli” war in the Gaza Strip at more than 27 billion shekels ($6.8 billion). These estimates do not include costs from the fall in the value of the Israeli shekel, the aviation sector, the suspension of business activities and factories, the loss of confidence of international companies to work inside the occupied territories, and the loss of investments.
The bank is considering a massive call-up of about 360,000 reservists to leave their jobs and go to the battlefield, the largest call-up of reservists since the 1973 war, when Tel Aviv called for about 400,000 soldiers.
