Zionist regime’s fiscal deficit widens to 8.1% of GDP
The fiscal is now 1.5% higher than the fiscal deficit target of 6.6% set by the government for the end of 2024 in the 2024 budget.
Tehran, Qodsna – The Zionist regime’s fiscal deficit continued to widen in July, reaching 8.1% of GDP over the past 12 months, or NIS 155.2 billion, the Ministry of Finance accountant general Yali Rothenberg reports, up from 7.2% of GDP at the end of May.
The fiscal deficit has grown in each of the past 16 consecutive months.
The fiscal deficit had been 7.6% of GDP at the end of June and it is now 1.5% higher than the fiscal deficit target of 6.6% set by the government for the end of 2024 in the 2024 budget.
Secretary-General of Lebanon’s Hezbollah Sheikh Naeem Qassem has emphasized that Operation Al-Aqsa Storm has revitalized the Palestinian cause, adding that Hezbollah will continue the path of resistance.
Ayatollah Mohammad Hassan Rahimian, Secretary-General of the Iran-based Society for the Defense of Palestinian Nation (SDPN), has said that the suffering of the residents of the Gaza Strip has revealed the ugly face of the Zionist regime and the United States.
Iran’s Foreign Ministry spokesman Nasser Kanaani says the Zionist regime has shown that it is not interested in establishing a ceasefire in Gaza and ending its months-long war in the Palestinian territory.
Following the strategic "Kedumim" operation, which led to the killing of a Zionist security guard, the occupation forces were forced to withdraw from Balata camp in Nablus.
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