Israeli military's expenditures climb to $76.3 billion in two years of Gaza genocide, data show
Iran Press TV
Wednesday, 05 November 2025 7:14 AM
The Israeli military's expenditures have reportedly risen to $76.3 billion ever since the occupying Tel Aviv regime began its bloody onslaught against Palestinians in Gaza in October 2023, according to official figures.
Israel's public broadcaster KAN, citing data from the finance ministry, reported that the war has incurred expenses amounting to 250 billion shekels ($76.3 billion) to date.
Senior ministry officials have reported that the Israeli army improperly utilized reserve service days, resulting in the mismanagement of funds and causing a loss of billions of shekels in payments to reservists during their service periods.
Israeli Finance Minister Bezalel Smotrich stated during a press conference on Tuesday that the increase in military budget is crucial for fostering the regime's economic growth in the coming years. He did not provide any additional details on the matter.
The exact allocation of the expenses remains unspecified, but it is thought that the total likely accounts for expenditures related to Israel's military offensives in Gaza and Lebanon, as well as last June's 12-day assault on Iran.
On Wednesday, Israeli forces conducted heavy raids, artillery bombardments and demolition operations east of Khan Younis in southern Gaza.
Local media outlets reported that the Israeli army also targeted areas east of Khan Younis from the air, and struck sites near the Bureij refugee camp overnight.
Intense Israeli artillery fire was also reported in southern Gaza, with destruction of farms and homes continuing in eastern Gaza City.
On October 10, a ceasefire mediated by the United States, Egypt, Qatar and Turkey came into effect in the Gaza Strip between Israel and the Hamas resistance movement. The four countries signed a document formalizing the agreement during an international summit hosted by Egypt in the Red Sea resort city of Sharm el-Sheikh.
The ceasefire was anticipated to pave the way for an influx of humanitarian aid into the highly populated region, where famine was declared in August, and nearly all of Gaza's 2.3 million inhabitants have been displaced by Israeli airstrikes.
Despite the truce, the situation remains critical as the Israeli authorities persist in breaching the terms of the ceasefire agreement.
The United Nations estimates that 81 percent of Gaza's infrastructure has been either destroyed or significantly damaged.
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