Sheshinski 2 holds first meeting

August 5, 2013 19:21

The Sheshinski Committee 2, headed by Prof. Eytan Sheshinski, held its first meeting on Monday to examine the state's royalty policies for the exploitation of natural resources – except for oil and gas, whose royalty policies were determined in the first Sheshinski Committee. The committee members decided to record their protocols for future publication, as well as to broadcast public hearings on the Finance Ministry's website, the ministry said.

The purpose of the establishing the committee, an initiative of Finance Minister Yair Lapid, was to ensure that the state is being properly compensated for the private use of national natural resources, the ministry explained.

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