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War with Iran set to cost $3 billion a week

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War with Iran set to cost $3 billion a week

The cost to Israel’s economy from the war with Iran is estimated to reach NIS 9.4 billion ($3 billion) a week, if nationwide restrictions on economic activity remain in place.

Axar.az reports, citing Times of Israel, in a letter sent to Home Front Command chief Maj. Gen. Shai Klapper on Wednesday, Finance Ministry Director General Ilan Rom asked to ease restrictions to allow for a gradual, partial reopening of businesses and workplaces as early as Thursday.

“There is no dispute about the need to preserve a defense policy adapted to the security situation, but at the same time, shutting down the economy on a broad scale carries heavy economic costs,” Rom cautioned.

On Monday, following another assessment amid the conflict with Iran, the IDF Home Front Command extended nationwide restrictions until Saturday night.

Date
2026.03.05 / 20:50
Author
Axar.az
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