Israel Proposes 50 Agorot Fuel Tax Cut for One Month
Translated & summarized from NEWSru Israel by baba
The story in 5 lines · by baba
- Fuel tax to be cut by 50 agorot per liter for one month.
- Ministry of Finance released draft regulation for public comment.
- Objections period ends Sunday.
- Finance Minister Bezalel Smotrich to sign the order.
- New gasoline price takes effect Monday.
Israel's Ministry of Finance has released a draft regulation for public comment that would reduce the excise tax on gasoline by 50 agorot per liter for a period of one month. The period for submitting objections is expected to conclude this coming Sunday. Following this, the Minister of Finance, Bezalel Smotrich, will sign the regulation after considering any feedback received. Once signed, the regulation will take effect, and the price of gasoline at filling stations will be updated at midnight between Sunday and Monday.
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