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Ongoing Story· Day 29

Israel to Cut Fuel Tax by NIS 0.50 Next Week

21 developments

YnetnewsEconomy

Israel Approves 50 Agorot Fuel Price Cut After Record High

By Calcalist

Summarized from Ynetnews by baba

CenterNeutral tone

English · Sole source

OriginalAfter fuel prices hit all-time high, 50-agorot per liter reduction approved

The story in 5 lines · by baba

  • Fuel prices in Israel reached an all-time high after a 52 agorot increase.
  • Finance Minister Bezalel Smotrich plans to reduce prices by 50 agorot per liter.
  • The reduction is intended to be in effect for one month.
  • The Finance Ministry's legal advisor found no impediment to the price cut.
  • The Attorney General's opinion is now required before the order can be finalized.

Ynetnews publishes in English. The key points are summarized above. Read Ynetnews’s full report at the source below.

Read the original at Ynetnews
YnetnewsCentre · Rishon LeZion

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EconomyTopic

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Mentioned

Bezalel SmotrichFinance MinistryAttorney General
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