Noach Hacker is the minister of economic affairs representing Israel’s Ministry of Finance. Minister Hacker was born in Jerusalem, Israel, and received his BA in social sciences from Bar Ilan University, and his MA in social sciences specializing in international economic influence from the University of Haifa. In the last five years, Minister Hacker has served as director and vice president of one of the largest media companies in Israel. Prior to that, Minister Hacker had various positions in the Ministry of Finance, including deputy director of the budget department, where he led various reforms in the Israeli economy, orchestrating the construction of the budget department and its approval in the government and Knesset, and led various economic legislations in the government. He is happily married and a father of four.
Israel’s Wartime Budget
Hamas’s October 7 attack on Israel caused the Jewish State to reevaluate the strength of its capabilities and its capacity to maintain border control. Israel has mobilized over 300,000 reservists to fight on the ground against Hamas. Although the Israel Defense Forces’ yearly budget of around $23.6 billion is more than the combined military spending of Egypt, Iran, Lebanon, and Jordan, Israel’s operation against Hamas may strain its finances. Since the beginning of the conflict, Israel has spent almost $246 million per day, according to Israeli Finance Minister Bezalel Smotrich.
Join Hudson Senior Fellow Michael Doran for a discussion on Israel’s budget during the Israel-Hamas war with Noach Hacker, the minister of economic affairs representing Israel’s Ministry of Finance.
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