Israel’s economy is facing significant challenges as Prime Minister Benjamin Netanyahu ramps up military spending amid ongoing conflicts. Netanyahu has accepted recommendations from the Nagel Committee to enhance national defense capabilities amid rising tensions. Convened on October 13, 2024, the committee’s new priorities include expanding munitions production, improving air defense, and bolstering ground and naval superiority. This strategic plan reflects a commitment to national security while grappling with the challenges of maintaining economic health in a volatile environment. Watch the video for details.
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