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Daily Israel Report
12:46
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News Brief

  8/7/2011, Av 7, 5771

Manuel Trachtenberg to Head Govt. Cost of Living Panel


Prime Minister Binyamin Netanyahu announced Sunday that the government panel tasked with coming up with ideas on lowering the cost of living for Israelis would be headed by Professor Manuel Trachtenberg, chairman of the Planning and Budgeting Committee of the Council for Higher Education. The panel will include 15 ministers, as well as several advisors from outside the government.

The committee will meet throughout August and release its report in September. The report is expected to include recommendations on lowering indirect taxes and increasing taxes on the wealthy, ways of increasing competition and breaking cartels, and methods of making housing and education more affordable.