Israel Gas Prices to Fall After Pre-Election Tax Cut
Summarized from Haaretz English by baba
The story in 5 lines · by baba
- Gasoline prices in Israel will drop by 50 agorot per liter starting Monday.
- The price reduction is due to a tax cut pushed by Finance Minister Bezalel Smotrich.
- The cut is seen as a pre-election move.
- Finance Ministry officials warned of a deepening deficit.
- The price will be 7.77 shekels per liter at self-service pumps.
Haaretz English publishes in English. The key points are summarized above. Read Haaretz English’s full report from the link at the top of the page.
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