Jewish Agency Adopts Budget of 187,000,000 Pounds for Current Year
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Jewish Agency Adopts Budget of 187,000,000 Pounds for Current Year

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The Jewish Agency executive adopted a budget of 187,000,000 pounds for the current fiscal year, included in which will be a 20,000,000 pound grant from the government for the settlement of immigrants on farms.

The principal items of expenditure are: colonization, 74,000,000 pounds; housing of immigrants, 22,000,000 pounds; immigration costs, 12,500,000 pounds; absorption, 10,000,000 pounds; Youth Aliyah, 9,750,000 pounds; health, education and vocational services for immigrants, 5,000,000 pounds; youth activities, 4,250,000 pounds; higher education, 2,000,000 and 1,000,000 for religious education.

Estimated receipts include: 74,000,000 pounds from the United Jewish Appeal; 17,500,000 pounds from German reparations; 4,000,000 pounds from the Joint Distribution Committee; 5,000,000 pounds from Youth Aliyah campaigns and 11,000,000 pounds from loans, advances on reparations and proceeds from heirless property funds.

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