Finance Ministry Greenlights Tax Cut on Gasoline
Translated & summarized from Panet by baba
The story in 5 lines · by baba
- Finance Minister Smotrich to sign order reducing gasoline tax.
- The reduction will be 50 agorot per liter for one month.
- This follows a similar 50 agorot cut implemented last month.
- The Finance Ministry's legal counsel sees no objection.
- Final approval awaits the Attorney General's position.
Israel's Ministry of Finance announced on Thursday that its legal counsel sees no impediment to Finance Minister Bezalel Smotrich signing an order to reduce gasoline prices for the current month. The ministry stated that it awaits the Attorney General's position before publishing the final order for public review.
Minister Smotrich intends to implement a reduction of 50 agorot per liter for one month. This new reduction will be in addition to a previous 50 agorot cut that Smotrich signed into effect at the beginning of last month.
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