Economy07:41 · 3m ago
Israel to Cut Fuel Tax by NIS 0.50 Next Week
Kan NewsPublic
Translated & summarized from Kan News by baba
The story · English
Israel's Ministry of Finance announced Thursday it is proposing a NIS 0.50 reduction in the excise tax on gasoline, opening the measure for public comment. The proposed cut is expected to take effect next week, following the conclusion of the public comment period on Sunday. Finance Minister Bezalel Smotrich is slated to sign the order, pending review of public feedback. The new, lower price for gasoline will be implemented at midnight between Sunday and Monday.
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