The government threatened today to admit more imports into Israel if local manufacturers cut back on production because of the price freeze. A 90-day selective price freeze was announced by the Cabinet Sunday.
The Manufacturers Association which opposes the freeze, said it would reduce production. The Ministry of Commerce and Industry said that any local shortages would be made up by reducing customs duties on imports. The Justice Ministry meanwhile has asked the Knesset for speedy action on a bill providing prompt legal measures against any manufacturer violating the price freeze. Commerce Minister Haim Bar Lev called on citizens to report price violations.
Representatives of the Manufacturers Association quit the Joint government-labor-management committee established to fight inflation last night in a demonstration protesting the price freeze.
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