Israel posted a budget deficit of 19.2 billion shekels ($5.2 billion) in December, the Finance Ministry said on Monday, citing high expenses to finance the wars with the Palestinian Islamist militant group Hamas in Gaza and Hezbollah in Lebanon.
The deficit for all of 2024 was 6.9 per cent of gross domestic product, compared with 4.2 per cent in 2023. Nonetheless, the December figure was the lowest since March after
