Senior officials of the dairy industry informed the Economic Committee that there will be no escape from raising milk prices in the coming months, in light of the dairies' losses and the import barriers.
According to the indicator, the increase will be 15.8%.
The chairman of the committee, MK David Bitan
, demanded answers from Finance Minister Smotrich: "There will be no such thing. I wanted to lower the price, now I see that I have to stop the increase. What is going on here, I don't understand? That the Minister of Finance will give an answer, Tell him that this is what came up in the discussion, and we want an answer."
It should be noted that preventing the increase in milk prices was one of the first tasks that Smotrich undertook, immediately upon assuming office about a month ago.
About the Finance Minister's plan to curb the price of milk
- https://finance.walla.co.il/item/3550502
Milk: Will the regulated products become more expensive soon? (Photo: ShutterStock)
Milk prices are under a price control order, where apart from milk, they include white cheese, yellow cheeses, Eshel and Gil.
Upon taking office, the Minister of Finance, MK Bezalel Smotrich, appealed to the people of his office to prevent the increase in milk prices. Despite this, it should be noted that the issue is not under his authority, but is decided by a committee that determines the target price of the products under supervision. Therefore, the Minister of Finance can only Find sources in the budget to finance the aliya subsidy, but not determine the target price by yourself.
In any case, the price is expected to be updated only in May 2023.
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milk
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Bezalel Smotrich
David Bitan