Sunday, November 15, 2009

40% Rise in Israeli Water Prices

For along time there was a ferocious debate about the Reform in the Water Sector. Also a Drought Tax was proposed. It all came to nothing, and a simple 40% rise is theprice of water was imposed. The excess income will be absorbed by the General Budget of the Treasury. Not a cent will go to finance water projects. What may one comment? Fifty years from the Water Law. Everything has changed since then, but not a letter could be changed. Mala Lex, Lex Est.

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