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Live UpdateFrom the Liveblog of Tuesday, May 30, 2023
Ministers hold first meeting to discuss establishing cost of living task force
Carrie Keller-Lynn is a political and legal correspondent for The Times of Israel
Prime Minister Benjamin Netanyahu, left, and Finance Minister Bezalel Smotrich, right, arrive to attend a cabinet meeting at the Prime Minister's office in Jerusalem, Feb. 23, 2023. (Ronen Zvulun/Pool Photo via AP)
Government ministers hold their first meeting to set up a cost of living task force, as announced by Prime Minister Benjamin Netanyahu at Sunday’s cabinet meeting.
Netanyahu, Finance Minister Bezalel Smotrich, and Agriculture and Rural Development Minister Avi Dichter and their respective staff are discussing “urgent steps required to fight the cost of living,” according to the Prime Minister’s Office.
The ministerial trio decide that Smotrich and Economy Minister Nir Barkat will develop a set of steps to work toward opening Israel’s market, fighting market concentration and lowering regulation, along with a timetable for implementation.
