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Slashed taxes spearhead new governmental steps to reduce costs of living

Israel: Tariffs on fruits and vegetables will be abolished

Israeli Finance Minister Avigdor Liberman announced Tuesday morning that tariffs on fruits and vegetables will be abolished. The directive includes immediate abolition of customs duties on a variety of fruits and vegetables (avocados, garlic, peas, beans, figs, pineapples, berries, mushrooms and more). The remaining caps on fresh, frozen and preserved fruits and vegetables will be gradually reduced over five years to maintain local agriculture and allow for an adjustment period.

Hamodia.com quoted Liberman as saying: “As we promised, we will continue to work to increase the disposable income of Israeli citizens and reduce spending. The agricultural reform that is being launched will significantly reduce the prices of fruits and vegetables and bring down prices for citizens. We do not forget the business owners, we will continue to help businesses that have been affected by the Corona virus and we will stand by them in times of crisis.”

The agricultural reform has been approved in the state budget for 2022, and will immediately cancel tariffs on a variety of fruits and vegetables such as avocados, garlic, peas, beans, figs, pineapple, berries, mushrooms and more. The remaining tariffs on fresh, frozen and preserved fruit and vegetables will be gradually reduced over five years. According to the Finance Ministry, the total savings to the Israeli consumer is expected to be about 820 shekels (€230) per year per household.


Source: jpost.com


Photo source: Nl.wikipedia.org

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