Finance Ministry Legal Counsel: No Obstacle to Further Fuel Price Cut
Translated & summarized from JDN by baba
The story in 5 lines · by baba
- Finance Ministry legal counsel sees no obstacle to further fuel price reduction.
- The proposed cut is an additional 50 agorot per liter for one month.
- This follows a similar 50 agorot reduction implemented last month.
- The decision awaits the Attorney General's approval and public comment.
- Finance Minister Bezalel Smotrich intends to continue the policy.
The legal counsel for Israel's Finance Ministry has determined that there is no legal impediment to Finance Minister Bezalel Smotrich signing an order to reduce gasoline prices by an additional 50 agorot per liter for another month. The ministry is currently awaiting the position of the Attorney General, after which the order will be published for public comment before final signing. This proposed reduction follows a similar 50 agorot cut that Smotrich approved last month. The minister intends to continue this policy for the upcoming month, pending the completion of legal reviews and the incorporation of public feedback on the order's wording.
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