Attorney General Gali Baharav-Miara approved a 50 agorot per liter reduction in fuel prices on Wednesday evening, according to The Zioneer. The approval, the second time she has authorized a fuel cut on the eve of an election, is expected to take effect within days.
On Wednesday evening, Attorney General Gali Baharav-Miara approved Finance Minister Bezalel Smotrich's proposal to reduce the excise tax on gasoline, cutting the retail price by 50 agorot per liter. The approval was given despite the ongoing election campaign, the Finance Ministry confirmed.
The move follows an announcement by Smotrich on Sunday, August 30, citing the expected rise in global fuel prices due to the blockade on Iran and the need to ease the burden on consumers. The Finance Ministry's legal advisor recommended approval earlier Wednesday afternoon.
This is the second time Baharav-Miara has authorized a fuel price cut on the eve of an election, after she approved a similar move by then-Finance Minister Avigdor Liberman ahead of the previous election. The reduction is scheduled to take effect within days.
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