At a cost of 150 million shekels per month: "Smotrich" approves a 50 agorot reduction in fuel prices

Tel Aviv - Afaq News - The Israeli Ministry of Finance announced that it intends to approve a reduction in fuel prices by 50 agorot per liter for one month following the price increases.

Israeli Finance Minister Bezalel Smotrich intends to reduce the price of gasoline by 50 agorot per liter for one month, in addition to the previous discount of the same amount, at an estimated cost of about 150 million shekels per month.

According to the opinion of the legal advisor to the Israeli ministry, "There is nothing preventing the Finance Minister from signing the reduction in gasoline prices for the next month as requested. The government's legal advisor must now provide her opinion, and based on that, the text of the reduction decision will be published for public comment.

Smotrich decided to support the previous increase in fuel prices at a cost of approximately 310 million Israeli shekels every two months, and the current reduction is expected to cost about 150 million Israeli shekels per month.