The Ministry of Finance announced today (Thursday) the order to lower the excise tax on diesel and gasoline, which will lead to a reduction in the price of fuel by half a shekel per liter.
The order stipulates that the final consumer price for a liter of gasoline will be reduced from April 13 to July 31, while diesel and similar distillates (such as biodiesel, fuel substitutes and lubricating oils) will be reduced by half a shekel per liter from May 1 to June 30. in June.
The Ministry of Finance stated: “The tax reduction was made possible following an examination of the macroeconomic data of the Israeli economy in the last quarter and taking into account global trends. The continuation will be examined again at the end of the current quarter.
The price of fuel for the consumer will be reduced after the Minister of Finance signs the order, which will be made possible after the approval of the budget source for a reduction in the Knesset Finance Committee, which is expected to convene to discuss the matter next week “(Photo: Archive)