Dear friend and supporter, At the moment, the Israeli economy faces unprecedented challenges, echoing the struggles of the Yom Kippur War era. With the nation embroiled in war, recent developments have seen Israel's GDP plummet by an alarming 19.4% in the last quarter of 2023, starkly contrasting the growth witnessed in previous years. Public spending surged at an annual rate of 88%, underscoring the immense financial pressure to support wartime efforts and aid displaced families. The economic impact of the conflict also reaches deep into Israel's workforce, with the business sector's GDP plummeting by 32% in the last quarter of 2023 due to the massive reserve draft. This sharp decline not only highlights the immediate strain on economic output but also the long-term challenges of sustaining a robust workforce amid conflict. Even the tech industry, a cornerstone of Israel's economy, faces setbacks, with tech exports falling by 14% recently. This downturn underscores the critical need for support and resilience in these challenging times. In the midst of ongoing turmoil, Feed Israel is dedicated to supporting the people of Israel, focusing on the urgent needs of evacuees, their families, and the broader community affected by the conflict. We're on the ground delivering food packages directly to those displaced by the war, ensuring they have the sustenance they need during these hard times. Recognizing the valor of IDF soldiers defending our nation, we're also extending support to them, providing care packages and essential supplies to boost their morale. Our comprehensive approach aims to bring a sense of normalcy and hope to every corner of our resilient community. |