Israel Hayom reported that Prime Minister Benjamin Netanyahu is expected to announce the freezing of electricity, water, and property taxes.

The measures are intended to provide an immediate response to the wave of price hikes, even before the submission of the budget to the government in about a month and a half.

The goal is to create an immediate "cooling effect" for the public, which is already collapsing under the burden of rising prices, with the understanding that the budget approval will take time. According to the estimate of the manufacturers' association, the cost of the "freeze" will amount to approximately NIS 3 billion.