U.S. Released $51, 500, 000 to Israel As “grant-in-aid” During Year
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U.S. Released $51, 500, 000 to Israel As “grant-in-aid” During Year

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A total of nearly $51,500,000 of American grant-in-aid to Israel has been released for the 1952-33 fiscal year, it was learned this week-end following an Israel Treasury disclosure that an additional $4,200,000 had just been turned over to Israel.

The latest allocation includes: $1,000,000 for fuel; $500,000 for irrigation; $600,000 for health, services and medicine; and $900,000 for fodder. Israel simultaneously released 767,000 Israel pounds for loans to industry, agriculture and municipalities. The Israeli funds match U.S. assistance, as is required under U.S. grants.

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