Treasury shrinks purchase taxes on 630 products
By Moti Bassok
Finance Minister Avraham Shochat signed an order yesterday reducing the purchase tax on 630 consumer goods as well as on manufacturing costs, totaling NIS 1.3 billion per year. The order went into effect at midnight last night. The 65 percent purchase tax on vehicles has not been reduced.
Hezbollah presence in South Lebanon checked by UN arrival
By Amos Harel
The entry of UN forces into the areas of South Lebanon vacated by the Israeli withdrawal in May has led to the shrinking of the area under Hezbollah control in recent days.
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Palestinian leader Yasser Arafat shaking hands with Chinese President Jiang Zemin ahead of their meeting yesterday.
(PHOTO: AP
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