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Kikar HaShabbatEconomy

Treasury Legal Advisor Backs Fuel Tax Cut Proposed by Finance Minister

Translated & summarized from Kikar HaShabbat by baba

ReligiousNeutral tone

Hebrew · 22 newsrooms covering

Israel's Finance Ministry legal advisor recommended approving a proposal by Finance Minister Bezalel Smotrich to cut fuel excise tax by half a shekel per liter, a move expected to cost 300 million shekels monthly, despite professional staff opposition.

The story in 5 lines · by baba

  • Legal advisor backs fuel tax cut proposal.
  • Finance Minister Smotrich proposed the reduction.
  • The cut is half a shekel per liter.
  • The measure will cost 300 million shekels monthly.
  • Professional staff opposed the plan.
Treasury Legal Advisor Backs Fuel Tax Cut Proposed by Finance Minister
Editorial illustration generated by baba News, not a photograph of the event.

Israel's Finance Ministry legal advisor has recommended approving Finance Minister Bezalel Smotrich's request to reduce the fuel excise tax by half a shekel per liter. This recommendation comes despite opposition from the professional echelon within the ministry.

The proposed tax cut is expected to cost the state approximately 300 million shekels per month. The move aims to lower the price of fuel for consumers.

While the legal advisor supports the measure, the professional staff at the Finance Ministry has expressed reservations. The specifics of their objections were not detailed in the report.

Kikar HaShabbatHaredi · Bnei Brak

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