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Netanyahu will present tonight: the freezing of electricity, property tax and water rates - voila! Of money

2023-01-11T13:32:08.998Z


First details from the economic plan that will be presented tonight: a freeze on the price increases in electricity rates, property tax and water, as well as a plan to lower the price of fuel


Benjamin Netanyahu and Bezalel Smotrich: The measures that will be presented tonight mainly concern the Prime Minister's election promises, while the Ministry of Finance is working on handling the rest of the issues within the framework of the budget law (Photo: Reuven Castro)

Tonight the Prime Minister and the Minister of Finance will present an economic emergency plan to deal with the increase in the cost of living.

Vala learned that the main points of the plan, led by the Prime Minister and the people of his office, but with the cooperation of the budget department in the Treasury, which found sources of funding for the expected reliefs, relate to some of Netanyahu's explicit election promises, among them: freezing the prices of electricity, property taxes and water, as well as reference to fuel prices (for which the reduction can be extended The excise tax was devised and implemented at the time by the previous finance minister, Avigdor Lieberman).



According to what is known to Walla, the plan is intended to provide immediate relief for the increase in the cost of living and that the measures that will be presented tonight will not be comprehensive, but will provide spot treatment for specific sections.

A more comprehensive solution is expected to be implemented in the Settlements Law as part of the new state budget, which the Ministry of Finance is working on today.



So, in fact, the plan that will be presented tonight is only the first part of a package of measures that are taking shape today in the Treasury, among them the promotion of reforms designed to increase competition in the economy, subject to the worldview of the Minister of Finance.



How is the economic plan related to the 10 billion shekels that were "found"?

https://finance.walla.co.il/item/3551158

  • Of money

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Tags

  • Benjamin Netanyahu

  • Bezalel Smotrich

  • economic plan

  • Cost of living

Source: walla

All business articles on 2023-01-11

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