In a letter to Netanyahu and Finance Minister Bezalel Smotrich, the economists - including former Bank of Israel Governor Jacob Frenkel - said expenses as a result of the conflict would cost at least tens of billions of shekels.
These funds were highly contentious within the finance ministry since much of the funds were aimed at encouraging ultra-Orthodox men to not join the workforce.
"The government must face the challenges as soon as possible and try to restore the citizens' trust in its ability to do so.
Netanyahu's office did not immediately comment while a spokesman for Smotrich said there will be a change in reallocating state funding.
($1 = 4.0404 shekels)Reporting by Steven Scheer; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.
Persons:
Benjamin Netanyahu, Netanyahu, Bezalel Smotrich, Jacob Frenkel, Smotrich, Eugene Kandel, Leo Leiderman, Bank Hapoalim, Steven Scheer, Jonathan Oatis
Organizations:
Finance, Bank of Israel, Bank, Reuters, Thomson
Locations:
Gaza, Israel