Israel will postpone the establishment of a sovereign wealth fund meant to be filled with tax revenues from natural gas production until next year as this year’s intake turned out lower than expected, Israeli media report. As daily news outlet Globes notes, this is the second postponement of the sovereign wealth fund. Initially, it was supposed to begin operating in 2018 but its launch was delayed for 2021. Now, it’s being delayed again as lower gas prices interfere with tax revenue plans. According to the report, the government had…
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