The announcement comes as shares have recovered from the October 7 Hamas attack on Israel that pushed the broad Tel Aviv 125 index.
The funds were acquired throughout the war by the Plunder Seizure Unit of the Technology and Logistics Branch.
The deficit in March was NIS 15 billion compared to NIS 2.7 billion measured last march, according to the Finance Ministry.
2023 presented an obstacle for the Israeli economy, with the contentious judicial overhaul crisis and ongoing Israel-Hamas war sparking questions of resilience.
Bank of Israel report highlights Israel's 54% lower investment in construction innovation compared to OECD average. Accessibility of cheap labor hinders innovation.
This profit represents a 15.7% return on equity. In Q4 2023, Discount Bank made NIS 919 million.
Amir Yaron of the Bank of Israel extends public relief and calls for a committee to devise a multi-year defense budget plan due to economic challenges
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