web analytics
December 29, 2014 / 7 Tevet, 5775
 
At a Glance
News & Views
Sponsored Post
8000 meals Celebrate Eight Days of Chanukah – With 8,000 Free Meals Daily to Israel’s Poor

Join Meir Panim’s campaign to “light up” Chanukah for families in need.



Israel Tallies Up High Cost Of Gaza War

TEL AVIV – After the missiles have stopped, after the troops have come home, even after most of the wounded are out of the hospital, Israelis will still be feeling the burden of Operation Protective Edge – this time in their pockets.

With the recent expiration of a temporary cease-fire, the operation may not be over. (Another temporary cease-fire was put in place midnight Monday.) But through last week, including both direct military expenses and indirect hits to the Israeli economy, the total cost of the four-week conflict is estimated at $2.5 billion to $3.6 billion.

The government has maintained silence on the war’s military costs and estimates vary, but Israeli media report they range from $1.2 billion to $2.3 billion. Lost economic activity amounted to an estimated $1.3 billion, with the tourism sector in particular taking a massive hit.

“Along with soldiers, we won’t spare a shekel in reimbursements to residents of the south and reservists,” Israeli Finance Minister Yair Lapid said at a news conference Thursday. “From our perspective they’re all soldiers, and all deserve special treatment from us.”

Lapid promised not to raise taxes but he admitted the money will have to come from somewhere and predicted the 2015 budget deficit would rise.

Here’s a partial look at how the money was spent.

Weaponry

Iron Dome: The U.S.-funded star of the war, the Iron Dome missile defense system limited Israeli civilian casualties to three while shooting down 90 percent of the rockets headed toward Israeli cities, according to the Israeli military. The total cost so far has been $29 million, or about $1 million per day.

Smart bombs: Israeli war technology isn’t limited to the home front. Israeli planes have bombed Gaza approximately 4,900 times during the war – roughly 150 times a day. Yiftah Shapir, head of the Military Balance Project at Tel Aviv University’s Institute for National Security Studies, said most of the bombs Israeli planes dropped were likely equipped with computers and cameras to increase accuracy.

Shapir doesn’t know how many bombs Israel used and the IDF won’t say, but he said most Israeli ordnance was likely one of two missiles: the Joint Direct Attack Munition, or JDAM, a GPS-guided missile made by Boeing, and the Tammuz missile, an Israeli-made munition that locates its target with a camera and has a 15-mile range.

According to Shapir, not including the bombs, each of the Air Force’s 4,900 sorties cost $15,000, for a total of over $73 million. Add on a $32,000 JDAM or a $140,000 Tammuz and the price skyrockets.

Calling Up Reserves

Israel has called up 82,000 reservists during the conflict, nearly half at the war’s start and 42,000 more as it went on.

It’s hard to determine the exact cost of reserves because each soldier receives a reimbursement for lost salary pegged to his monthly paycheck. But according to the Israeli daily Yediot Aharonot, each reservist costs the army $174 a day – including food, shelter, a uniform, and weapons. If the figure is accurate, the IDF spent nearly $200 million on reservists, not including salary reimbursement.

Direct Hits to the Home Front

Along with Israel’s 65 fallen soldiers and three killed civilians, 674 Israelis have been wounded in Protective Edge, 23 of them civilians. A Health Ministry spokesman estimated that treating the injured would cost $4.4 million.

In addition, the government already has received 2,500 claims for property damage from the missiles and estimates a total payout of $14.6 million. Compensation for lost wages and property damage will come from a $1.5 billion fund taken from taxes on real estate transactions.

Economic Costs

About the Author:


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

No Responses to “Israel Tallies Up High Cost Of Gaza War”

Comments are closed.

SocialTwist Tell-a-Friend

Current Top Story
IDF soldiers on patrol in Samaria.
IDF Confronts Terrorists on Two Fronts; One Rock-Thrower Killed
Latest News Stories
IDF soldiers on patrol in Samaria.

Rock-throwing in Samaria, Firebombs near Jerusalem and warning shots at Gaza Border.

Great Synagogue in Leczna.

The Nazis nearly destroyed the 17th synagogue.

Why did Jews even think about going back to Egypt?

Hundreds of pilgrims from Israel and other countries flock to the Egyptian Delta village of Demito every January.

PA Arabs are escalating from stones to firebombs on Road 443.

Aharon and Tzvia Karov prove that faith and belief in a better future is what keeps Israel alive.

Cuba has “the largest pool of untapped baseball talent in the world, and Major League Baseball may tap and leave Cuba dry.

Abbas ignored Kerry’s hints of sanctions and told him Jordan will present a resolution to the UN to force Israel to “Auschwitz borders.”

No one knows who leaked the video of Rav Ovadia, but it’s a bombshell, and there might be more on the way.

Free speech for haters but not for those who quote the haters, according to Brandeis students.

Once again, Hamas has produced a bunch of dung about Israel’s activities on — and under — the Temple Mount. Do Arabs really believe it?

A Jerusalem family was stunned Saturday night by a firebomb igniting a blaze on their balcony.

Israeli military intelligence makes its predictions for 2015, but this year is not like other years.

He thanked Avigdor Liberman for the years of working together, and added that he will help with the elections.

Her condition remains serious but stable.

More Articles from Ben Sales
Israeli winery

“You want to know what this wine looked like, which wine King David drank, white or red…. We can see if it’s red or white, strong or weak.”

IDF soldiers rush injured Israelis to Soroka Hospital in Beersheva after a mortar fired from Gaza exploded at an army staging area near Kibbutz Nirim, close to the Gaza border. The attack occurred shortly before a cease-fire went into effect on Tuesday. Three Israelis visiting the area were hit; two of them died of their wounds.

After a month, should the quiet hold, Israel and Hamas will restart indirect negotiations in Cairo on easing Israel’s blockade of the coastal strip and disarming the enclave.

Shlomy Zachary, an Israeli human rights lawyer, noted that Israeli cooperation with previous UN investigations has helped mitigate criticism of Israel – for example, in a 2010 UN investigation of the so-called flotilla incident.

Smart bombs: Israeli war technology isn’t limited to the home front.

“The values I learned from my parents are probably the same values I hope Christians and Muslims and Hindus and Buddhists teach to their people.”

On Monday, Lapid told JTA that he would sooner agree to freeze settlement growth than free Palestinian prisoners, as Netanyahu has done previously in an effort to advance the process.

“He was like everyone else,” she said. “He was serious. He wouldn’t mess around. He would do what I said. He was quiet a lot and thought a lot. He did everything well.”

More than having a hand on the wheel, the year since the formation of the new government has seen Jewish Home and the coalition’s other smaller parties driving much of the government’s agenda. Netanyahu’s Likud party has taken a back seat on everything besides security affairs.

Printed from: http://www.jewishpress.com/news/israel/israel-tallies-up-high-cost-of-gaza-war/2014/08/13/

Scan this QR code to visit this page online: