Cabinet okays more economic reforms

19.12.2011                      23.Kislev. 5772

Kabinett:

Cabinet okays more economic reforms

But avoids much of the tough stuff.

Several measures to increase market competition, including in the dairy industry, were approved by the cabinet yesterday – but many of the most important, and contentious, recommendations meant to reduce the cost of living in Israel were left out.
Recommendations by the Trajtenberg Committee on Socioeconomic Change that were approved yesterday include subjecting the diesel fuel and cooking gas markets to supervision, increasing competition in the cement industry, and opening Israeli ports up to competition, with private terminals opening in Haifa and Ashdod. The proposals will now go to the Knesset for approval….