Israel is one of the largest recipients of US foreign aid since World War II, estimated at approximately $154.8 billion in the period from 1946 to 2022, in the form of military aid estimated at approximately $111.1 billion, and missile defense funding estimated at approximately $9.4 billion, in addition to economic aid estimated at approximately $34.3 billion.
The Israeli economy is now bearing a heavier financial burden from the Gaza War than it did during the early stages of the conflict, primarily due to direct and indirect effects on the country’s economy, such as the effects of Red Sea disturbances on Israeli foreign trade. This resulted in demands for greater financial allocations to finance war spending in discussions for the new government budget approval, representing additional pressure on Israeli public finances, which clearly revealed the importance of American support for Israel at the present time.
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