Attorney General Approves Temporary Reduction in Fuel Excise Tax
Attorney General Gali Baharav-Miara has authorized Finance Minister Bezalel Smotrich to temporarily reduce the excise tax on fuel. After the appropriate order is signed, the price of gasoline is expected to fall by 50 agorot per liter.
Key facts
- •Approval: Gali Baharav-Miara
- •Finance Minister: Bezalel Smotrich
- •Report date: September 2, 2026
- •Reduction: 50 agorot per liter
- •New price: 7.75 shekels per liter
What Happened
The excise tax reduction is intended to offset the increase in fuel prices. According to the source, the current price of a liter of gasoline is 8.25 shekels, and after the change it is expected to be 7.75 shekels.
When the Price Will Change
The Attorney General's approval alone does not yet bring the new price into effect. The reduction is expected to take effect immediately after the Finance Minister signs the order.
The Legal Basis
The mechanism provides for a temporary reduction in the excise tax on fuel by order of the Finance Minister. The source does not specify the name of the legislation, the duration of the benefit, or the amount of budgetary expenditure on the subsidy.
What this means for you
For drivers, the change means a reduction of 0.50 shekel in the price of each liter of gasoline after the order is signed. Until it is signed, the price cited in the source, 8.25 shekels, remains unchanged; the duration of the reduced excise tax is not specified.
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