Local Economy
Fuel prices in Israel to rise by 1.03 shekels per liter starting next month
SadaNews Economy Translation - The Hebrew channel Reshet Kan reported that fuel prices in Israel will rise by 1.03 shekels per liter to reach 8.05 shekels starting next month, marking the first increase in four years.
The Hebrew Channel 15 stated according to SadaNews Economy translation that there has been significant pressure on the Israeli government to reduce the excise tax by at least one shekel per liter to prevent fuel prices from reaching the threshold of 8 shekels, but these pressures have not been successful so far.
Read Also
Soaring Oil Prices Burn the Pockets of the Palestinian Citizen "The Poor"
Millions of Dollars in Losses.. "SadaNews" Reveals Shocking Figures for Traders from Pales...
The Problem of Shekel Overcrowding Worsens.. Fuel Station Owners Threatened with Closure o...
The Palestinian Economy at a Crossroads: 4 Files Awaiting Resolution
Fuel prices in Israel to rise by 1.03 shekels per liter starting next month
Bank of Israel Governor: The war is causing severe damage to economic activity and its con...
Israel's Bank Keeps Interest Rate at 4%