Israel says it raised $8 billion of debt since start of war with Hamas

Israel says it raised $8 billion of debt since start of war with Hamas
# 13 November 2023 18:12 (UTC +04:00)

Israel has raised about 30 billion shekels ($7.8 billion) in debt since the start of the war with Hamas militants, the Finance Ministry said on Monday, APA reports citing Reuters.

Slightly more than half of that - 16 billion shekels - was dollar-denominated debt raised in issuances in international markets, it said.

The ministry on Monday raised another 3.7 billion shekels in the local market in its weekly bond auction.

"The financing capabilities of the State of Israel allow the government to fully and optimally finance all its needs," the ministry's accountant-general division said.

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