Israel is facing a significant economic slowdown as the ongoing war in Gaza continues to impact its economy, with GDP growth at just 1.2% in Q2 2024, far below expectations of 2.3% to 5%. This marks a decline from a 1.4% growth in the previous quarter and a 1.4% drop compared to Q2 2023, with GDP per capita contracting by 0.4%. The conflict has resulted in a 20.6% contraction in Q4 2023 and a 1.1% decline in Q1 2024, driven by a notable 8.3% decrease in exports and increased government spending on war efforts. In Gaza, the agricultural sector has been devastated, with widespread destruction of farmland and livestock, leading to severe food insecurity and nutrition issues. Farmers like Mohamed El-Yaty have been unable to utilize their land fully, facing significant losses and reduced access to food. The overall situation has contributed to a sense of economic instability, reflected in the downgrading of Israel's credit rating by Fitch amid fears of prolonged conflict.