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OverviewAPI
Israel raises $8 billion of debt since the start of the war with Hamas, with 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, citing the costlier than estimated war as a fiscal implication.

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