Israel Raises $8 Billion of Debt Amid War with Hamas

Israel has raised $8 billion of debt since the start of the war with Hamas, with over half being dollar-denominated debt in international markets. The war has increased expenses for the military, compensation, and slowed tax income, leading to a budget deficit. Prime Minister Benjamin Netanyahu aims to provide financial support, which may raise the deficit and debt to GDP ratio. Bank of Israel Governor Amir Yaron emphasizes the need to balance economic support with fiscal stability.