The government is working to extend the fuel tax reduction orders

The government is working to extend the orders to reduce the fuel tax, which are set to expire on November 4. The extension of the orders, signed by Finance Minister Smotrich, will result in a loss of tax revenue of about 300 million shekels per month. The move is expected to pass legal scrutiny after the elections.

The government is working to extend the orders to reduce the fuel tax, as reported in the Kan News edition. The orders, signed by Finance Minister Bezalel Smotrich in the two months before the elections, are set to expire on November 4, and the price is expected to jump by one shekel per liter. The minister's office has begun working to extend the orders, which mean a loss of tax revenue of about 300 million shekels per month. The move is expected to pass legal scrutiny because it will take place after the elections. At the beginning of the month, the price of fuel was reduced by half a shekel to 7.77 shekels per liter, following a previous order that caused a loss of revenue of 150 million shekels, contrary to the position of the professional echelon in the Treasury, which warned of a budget shortfall. A week earlier, fuel prices rose to an all-time high of 8.27 shekels per liter.

The government is working to extend the fuel tax reduction orders