Follow
Dream - The Ministry of Finance (Kemenkeu) of Israel reported that the debt of the Zionist State doubled in 2023 after the war against Hamas in Gaza.
Debt from the country led by Benjamin Netanyahu is recorded to reach US$43 billion (160 billion shekels) or approximately Rp694.36 trillion (assuming the exchange rate of US dollars to Indonesian Rupiah is around 16,148).
"Half of the debt amount, approximately 81 billion shekels, since the outbreak of the war in October 2023,"
The following is conveyed by the Ministry of Finance, citing Merdeka.com from the page trtworld.com.
Meanwhile, throughout 2022, Israel accumulates a debt of US$16.9 billion or approximately 63 billion shekels.
Accountant General Yali Rotenberg said, 2023 is a challenging year that requires an increase in financing and requires tactical and strategic adjustments.
"Although there are many uncertainties and challenges, the ability to increase debt in the local and global markets, even during times of war, in significant volume and with a very high coverage ratio, demonstrates Israel's high accessibility to the market and evidence of Israel's economic strength."
he said.
Total debt of Israel will reach 62.1 percent of Gross Domestic Product (GDP) in 2023, up from 60.5 percent in 2022 due to a surge in military spending. The debt ratio is projected to reach 67 percent in 2024. Last month, Israel recorded a record sale of its first global bonds worth $8 billion since the Hamas attack on October 7, with high demand even after Moody's downgraded Israel's debt rating for the first time in February.
In 2023, Israel collected approximately 116 billion shekels or 72 percent of the total domestic funds, with 25 percent coming from foreign loans and the rest being non-tradable domestic debt.
The following is the translation of the given 'Bahasa' text to 'English' while preserving any html tags: "Israel's public debt grew by 8.7 percent last year to 1.13 trillion shekels, partly driven by high inflation and interest rates. This was announced by the Ministry of Finance. The ratio of interest burden to GDP remained unchanged last year at 2.4 percent. On the other hand, as Israel's credit rating declined to A2, Moody's cited significant political and fiscal risks for the country due to the war with Hamas."
Rekomendasi
Deepfake
Study: 90% of Indonesian Professionals Unsure How to Combat Deepfake Fraud
This study reveals that only 58% of professionals in Indonesia are aware of deepfake
Read More
Konversi Motor Listrik
Great! Convert Gasoline Motor to Electric for Free, Here's How to Register
Great! Convert Gasoline Motor to Electric for Free, Here's How to Register
Read More
BCA
Nicholas Saputra Becomes BCA's Ambassador of Service, What is his duty?
The launch of the #BuktiBaktiBCA campaign is marked by the premiere of the Bukti Bakti video.
Read More
kata sindiran buat orang sok kaya
40 Satirical Words for People Who Pretend to be Rich and Love Showing Off Their Wealth
These satires give awareness to people who are too arrogant to reconsider their behavior.
Read More
judi online
3.2 Million Indonesians Engage in Online Gambling, Money Circulation Reaches Rp327 T
Coordinating Minister for Political, Legal, and Security Affairs, Hadi Thahjanto, revealed an increase in the use of online gambling in Indonesia until 2024.
Read More
Prabowo Gibran
Pilpres Dispute Resolved, Prabowo-Gibran Optimistic about Achieving Rp1.650 Trillion Investment Target in 2024
Optimism arises because several strategic investor partners have congratulated Prabowo-Gibran on their victory.
Read More
es krim magnum
Magnum Ice Cream in England and Ireland Withdrawn, Unilever Indonesia Says This
How safe is Magnum ice cream in Indonesia? This is what Unilever Indonesia says
Read More
uang kertas sobek
Child in Japan Spends 3 Weeks Assembling 10,000 Pieces of Torn Paper Money to Get a New One
The 10,000 yen paper money accidentally went into the paper shredder machine.
Read More
Timnas U-23 Indonesia
5 Most Expensive Players of the Indonesian National Team who Qualified for the Quarterfinals of the 2024 Asian Cup U-23
Indonesia will meet South Korea in the quarterfinals of the 2024 Asian Cup U-23.
Read More
Short Success Motivational Words
50 Short Success Motivational Words, Feel the Sentences for Your Journey to Achieve Dreams
In every step of the journey towards success, short motivational words have the power to enlighten and guide us.
Read More
Tokopedia
Get Ready! Service Fees on Tokopedia Will Increase Starting from May 1, 2024, Check the Amount
The service fees will increase to 2 percent up to 6.5 percent.
Read More
News
Car Sales Slowing Down, Mandiri Tunas Finance Accelerates in Early 2024
Contrary to the market, MTF reveals sales growth in the early year.
Read More
Investasi Emas translates to Gold Investment in English
Environmentally Friendly Gold Products Launched by Treasury, What Do They Look Like?
This gold investment option is suitable for those of you who want to help save the earth.
Read More
BCA
Achieving Ramadan and Eid Blessings, BCA Earns a Net Profit of Rp12.9 Trillion in Q1-2024
Meanwhile, BCA and its entities recorded a total annual credit growth of 17.1% (YoY) to Rp835.7 trillion as of March 2024.
Read More
Sandiaga uno
Sandiaga Uno Speaks Out About the Issue of Imposing Tourism Fees Through Airline Tickets
Sandiaga Uno speaks out about the alleged government plan to impose tourism fees through airline tickets.
Read More
bea cukai
Viral Youth Buys Shoes from Abroad for Rp10 Million, Taxed Rp31 Million, Here's the Explanation from Customs
According to Customs, there is a discrepancy in the CIF or declared customs value reported by the shipping company, namely DHL. Therefore, a fine is imposed.
Read More
Prabowo Subianto
2 Elected Presidential Candidates Prabowo Subianto to be Demanded by Investors
Domestic and global investors are now waiting for the realization of actions from the promises of the elected presidential candidate, Prabowo Subianto
Read More
spanrich Asian peoplespan
Husband and Wife Choose to Live a Simple Life as Monks, Leaving Behind Wealth of Rp389 Billion
For their future life, they rely solely on the generosity of others to survive.
Read More