Photo Credit: Oren Nahshon / Flash 90
An Israeli man fills his tank at a gas station in Jerusalem. Israel has some of the highest prices in the world for gasoline.

Finance Minister Bezalel Smotrich has issued an order to reduce the tax on fuel, Israel’s Channel 12 reported Sunday evening.

The order should result in a 13 agorot drop in the price of a liter of gasoline, according to the report.

Advertisement




Last week, Smotrich joined Prime Minister Benjamin Netanyahu in announcing the government’s economic plan to freeze or reduce the rates for electricity, water, and property tax, in addition to those on fuel.

The plan is aimed at dealing with the escalating cost of living in the Jewish State in accordance with the coalition agreement.


Share this article on WhatsApp:
Advertisement

SHARE
Previous article25 Ukrainians Dead in Dnipro After Russian Missile Strike
Next articleIsrael’s Consumer Price Index Rose 0.3% in December 2022
Hana Levi Julian is a Middle East news analyst with a degree in Mass Communication and Journalism from Southern Connecticut State University. A past columnist with The Jewish Press and senior editor at Arutz 7, Ms. Julian has written for Babble.com, Chabad.org and other media outlets, in addition to her years working in broadcast journalism.