Smotrich expressed his concern about the deterioration of economic situation in a letter to Prime Minister Benjamin Netanyahu and high-ranking Zionist officials, according to IRNA citing the Palestinian Sama news agency.
Details of this letter has not been made public but the Gaza war has put immense strain on the regime’s tourism that has a large share of the economic income. According to the Israeli Central Bank, Tel Aviv earned nearly seven billion dollars from this sector last year.
After the attack on Gaza, the arrival of tourists decreased by 80% and turned zero since the attack on the Iranian consulate on April 1.
Israel's Eilat Port has seen an 85% drop in activity since the Yemeni army stepped up attacks on Israeli-linked ships in the Red Sea. Insurance companies now refuse to provide services to ships that pass through the Bab al-Mandeb or charge multiple costs of bypassing this strait. The occupying Zionist regime has decided to bear this cost only for ships that carry basic necessities.
The war has also taken a heavy toll on the export of agricultural items and flowers, with reports suggesting that no refrigerated container ship has entered Israeli ports since the regime launched its attack on the Iranian embassy in Damascus.
The worst of all, the Zionist media reported on Sunday after Iran's punitive and legitimate missile and drone attack on the occupied territories, that only the interception of Iranian missiles and drones cost the regime about $1.35 billion.
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