Israel's economy shrank far more than expected in the wake of the conflict with Hamas in Gaza, according to Israel's Central Bureau of Statistics. The gross domestic product fell by 19.4% on an annualised basis in the fourth quarter of 2023. #WATCH #Israel #Palestine #Hamas #Gaza #war #GDP #economy #cnbctv18digital | CNBC-TV18
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Despite nearly two years of ongoing conflict, Israel’s economy continues to show resilience. Recent assessments point to renewed stability, rising GDP, low unemployment, and controlled inflation. The tech and innovation sectors remain strong, with record deals and growing global demand for Israeli expertise, security systems, and technology. Even under pressure, growth and confidence persist. 🎥 Full episode available on TBN Israel YouTube. #IsraelEconomy #Innovation #TechIndustry #Resilience #T
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