It cost Israel over $1 billion the activation of his defense systemswhich thwarted an unprecedented drone and missile attack by Iran last night, according to a former Israeli military economic adviser.

“Last night’s defense cost Israel 4-5 billion shekels ($1-1.3 billion)” assessed Brigadier General Reem Aminoach in an interview with the Ynet news network. He estimated that this dizzying amount contrasts with the relatively low amount that Iran spent to launch its attack, which according to some calculations amounts to at less than 10% of what it cost in Israel to intercept the attacks.

It is recalled that Iran launched over 300 drones and missiles last night, in response to Israel’s attack on its Syrian consulate that killed, among others, two senior Revolutionary Guard commanders earlier this month.

Negative Outlook for Israel

In the meantime, the prospects for Israel are negativeeven if there is no significant escalation of tensions with Iran, the bank said in a note to clients Bank Hapoalim, one of the largest banks in the country.

“Geopolitical and fiscal risk are intensifying in the near term and this means that the chances of Israel’s credit rating being downgraded are increasing,” according to Victor Bahar, the bank’s chief economist.