Archive: 7/31/2011
Daily Israel Report
More

Zion's Corner Blogs

08:33
Reported

News Brief

  7/31/2011, Tammuz 29, 5771

Katz: Govt. Working on New Plan


The government will present another economic plan this week, in the wake of the large demonstrations demanding a more reasonable cost of living over the weekend. Speaking on Israel Radio Sunday morning, government minister Yisrael Katz said that the new plan would include a reduction of indirect taxes, benefits for working mothers, and a reduction of taxes on gas and other basic items.

The price of gas is set to rise at midnight Sunday. Prime Minister Binyamin Netanyahu is to meet with the cabinet Sunday on ways to alleviate that increase.