"It's time to lower the burden of excise taxes on gasoline."
By reducing the cost of milk itself, the Agriculture Ministry aims to reduce the price of all dairy producs as they are all primarily milk-based.
The real issue in the Israeli market is that it is not a capitalist system but an oligopoly.
The government will have to deal not only with correcting past defects but mainly with pressing political-security related issues and economic-social matters.
Israelis can expect more variety on store shelves in 2023 due to import reforms that hope to increase market competition and reduce the cost of living.
The Manufacturers' Association of Israel has warned that if the situation doesn't drastically change, hundreds of thousands of employees will be laid off.
“Spoiler: Mr. ‘Cost of Living’ won't deal with the cost of living, just like he won't really deliver free education,” Michaeli wrote.
The new government’s plan includes utility price cuts, boosted stipends and stable gas price in order to stop the rising cost of living in Israel.
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