Israel makes move to bring more butter in amid shortage
Minister signs order this week to lift duties and quotas on imported dairy product, to alleviate prolonged shortage
Israeli butter lovers, give your finance minister a pat on the back.
Moshe Kahlon signed an order on Wednesday to lift duties and quotas on imported butter in an effort to alleviate a prolonged shortage in Israel, the business daily Globes reported. The order is limited to one year to prevent long-term damage to Israel’s dairy industry.
It is not known if the imported butter will be subject to the fixed-price regulations on Israeli-produced butter.
There has been a shortage of domestically produced butter since early last year as demand increased but limits on milk production did not keep pace.
Questions about whether an interim government had the authority to sign such an order postponed its enactment. Israeli lawmakers have been unable to form a coalition government for a year.
The go-ahead to sign the order was issued earlier this month by Deputy Attorney General Meir Levin, The Times of Israel reported.
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