The Israel Cabinet today approved a foreign currency budget from the fiscal year July 1, 1952, to June 30, 1953, for $305,000,000.
The main sources of income of the foreign currency budget are: $72,000,000 from American grants-in-aid; $65,000,000 from German reparations; $48,000,000 from the Israel bond issue in the United States; $41,000,000 from the United Jewish Appeal and ### from exports and re-exports.
The major item of expenditure is foreseen as $62,000,000 for the importation of fund. An additional $19,300,000 will be set aside for further food purchases in the even they resume necessary to maintain the present level of food rationing. A net profit of ### is expected from exports and re-exports of partly finished goods which are ### into the country for further processing.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
