New Automobile Restrictions to Be Imposed in Israel Will Save $1,400,000 in Currency

About $1,400,000 in hard currency is expected to be saved through new restrictions on private automobile owners, which will be imposed as of October 1, Michael Bar, Israel road and transport controller, announced today at a press conference.

Eight thousand automobiles are now in operation in Israel, he said. Their movements will be restricted to three principal districts in five “varying classes of essentiality,” Mr. Bar said, predicting that this will yield “considerable savings in fuel and tire consumption, compatible with the needs of an austerity regime.”

The U.S. Consul and a number of high Israel officials attended in Haifa the inauguration of an assembly plant for refrigerators, which is expected to turn out 1,000 units monthly within the next three months. Twenty percent of the plant’s refrigerators will be exported to Middle East countries. The remainder will be sold to Israel residents under a system of controlled distribution.

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