Full coverage· Economy· Updated 5 Nov, 23:51

Israel to Raise Water Prices by 2.3% Amid Severe Shortage

Water prices in Israel will rise by 2.3% on January 1, despite a severe water shortage. The decision by the Water Authority Council was made against the wishes of the Finance and Environmental Protection ministries, which sought a larger increase.

2 newsrooms · 2 languages · since 5 Nov, 18:40

Plus

Israel to Raise Water Prices by 2.3% Amid Severe Shortage — Illustration by baba

What happened

01Israel's water prices will increase by 2.3% starting January 1.
02The decision was made by the Water Authority Council despite internal opposition.
03The country is facing a severe water shortage due to drought and desalination plant issues.
04Experts warn the price hike could contribute to inflation and raise food prices.
05The Ministry of Finance and environmental bodies wanted a larger price increase.

Experts warn the price hike could lead to inflation, affecting food and industrial goods prices.

Translated and summarized by baba from Alarab, the latest report. Read Alarab’s original