The Zionist entity’s 12-day war with Iran is estimated to have cost billions of dollars, with tens of thousands of claims for compensation have been made for direct material damages caused by Iranian missiles.
Israeli defense spending in 2025 has already exceeded the budget approved by the occupation government, reaching between 20 and 30 billion shekels, following the escalation with Iran and the ongoing war in Gaza, according to TheMarker, the economic section of Haaretz.
The Israeli Ministry of Defense projects that expenses will rise by an additional 25 to 30 billion shekels in 2026. As a result, the Israeli budget deficit in the first five months of 2025 was 15.9 billion shekels ($4.56bn), Israeli Ministry of Finance stated.
The deficit had risen to 8.5 percent of GDP by the end of September but has narrowed since then to around 5 percent of GDP.
Meanwhile, the Israeli occupation authorities have received more than 41,000 claims for compensation for direct material damages caused by Iranian missiles, Israeli media reported.
According to the Yedioth Ahronoth newspaper, the Compensation Fund at the Israeli Tax Authority received approximately 41,650 compensation claims for war damages filed in the Zionist entity.
Among these claims were 32,975 requests for damages to buildings, 4,119 for damages to vehicles, and 4,456 for damages to equipment and other items.
“There are estimates that thousands of other buildings have been damaged, but no compensation claims have been filed for them yet,” added the daily.
For its part, the Israeli website Behadrei Haredim reported that more than 26,084 claims were filed in Tel Aviv in central occupied territories alone, followed by the southern city of Ashkelon with 12,364 claims.
Cost of Damages Forecast at Double October 7 and Ensuing Attacks
Earlier on Monday, the head of the Tax Authority’s compensation department Amir Dahan said the cost of property damages from Iranian missile and drone attacks on ‘Israel’ over the past 12 days is estimated to be around double the sum of claims stemming from the October 7 attack and all 615 days since.
The likely $1.47 billion price tag calculated by Dahan underlined the destructive power of the few Iranian missiles to make it through Israeli air defense shield, carrying massive warheads that reduced whole apartment buildings to rubble and sent out blast waves that shattered windows and caused other damage over a wide area.
“These are figures we have never seen for direct property damage,” Dahan told the Knesset Finance Committee on Monday.
Source: Israeli media (edited by Al-Manar English Website)
