Israel’s sovereign wealth fund reaches almost NIS 6 billion
Categories: Projects & Energy
Founded two years ago with an initial NIS 1 billion, Israel’s Citizens Fund now holds almost NIS 6 billion from gas production profits..
By June 16, 2024, levies reached NIS 6.85 billion. The Israel Tax Authority revised its forecast, projecting NIS 55-72 billion collections from gas, oil, and resources, up from NIS 45-53 billion due to increased gas production and prices ahead.
Read more in Globes.
