Israel to Cut Fuel Tax, Lowering Gas Prices Next Week
Translated & summarized from Panet by baba
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Originalبعد ان تم رفعه منتصف الليلة الماضية.. خفض سعر البنزين اعتبارا من الأسبوع القادمThe story in 5 lines · by baba
- Gasoline prices in Israel will decrease to 7.77 shekels per liter.
- The reduction is due to a 50 agorot per liter tax cut on fuel.
- The tax cut will be in effect for one month.
- The new price takes effect at the start of next week.
- Finance Minister Bezalel Smotrich requested the tax reduction.
Israel's fuel prices are set to decrease starting next week following a decision to lower the "blue" tax on gasoline by 50 agorot per liter for one month. The approval came from the government's legal advisor, Gali Baharav-Miara, who endorsed a request from Finance Minister Bezalel Smotrich. The Ministry of Finance's legal department had previously agreed to the proposal.
This tax reduction will bring the price of gasoline down to 7.77 shekels per liter. This comes after the price had been raised to 8.27 shekels per liter the previous night. The new, lower price is expected to take effect at the beginning of the upcoming week.
Read the original at Panet
