War with Hamas doubles Israel's debt raising in 2023
Israel raised 160 billion shekels ($43 billion) in debt in 2023 - half of it, 81 billion shekels, since the outbreak of the war in October, the ministry said in a report.
Accountant General Yali Rotenberg said that 2023 was a challenging year that required a sharp increase in financing needs and “required tactical and strategic adjustments” in the government’s debt raising plan.
“Despite the many uncertainties and challenges, the ability to raise debt in local and global markets, even in times of war, in significant volumes and very high coverage ratios, shows the high accessibility of the State of Israel to the markets and is evidence of the strength of the Israeli economy,” he said.
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