Finance Minister Orders Preparations for Additional Fuel Subsidy
Translated & summarized from Ynet by baba
Israeli Finance Minister Bezalel Smotrich has ordered ministry officials to prepare for a potential additional subsidy on gasoline prices to mitigate rising consumer costs due to the global energy crisis. The announcement was made less than a month before national elections.
The story in 4 lines · by baba
- Finance Minister Smotrich ordered preparations for more gasoline subsidies.
- The move aims to counter rising fuel prices for consumers.
- It comes amid a global energy crisis.
- The announcement precedes elections by less than a month.
Finance Minister Bezalel Smotrich announced on Tuesday that he has instructed ministry professionals to prepare for an additional subsidy on gasoline prices. The move aims to curb the rising cost for consumers amid the global energy crisis and comes less than a month before elections.
Smotrich's office stated that he had previously held a meeting on the matter with relevant professionals. The decision to explore further subsidies follows concerns about the impact of global energy market fluctuations on Israeli consumers.
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