Israel Completing Negotiations for $22,000,000 Loan in Washington
Menu JTA Search

Israel Completing Negotiations for $22,000,000 Loan in Washington

Download PDF for this date

An Israeli economic team, headed by David Horowitz, Governor of the Bank of Israel, is completing negotiations with the World Bank here for a $22,000,000 loan to construct a modern highway network in Israel. The loan will be at the rate of 5-1/2 percent and will extend over 10 years. Approval from the bank’s board of governors is till pending but is expected in the next few weeks.

Founding Funders

The digitization of the JTA Archive would not have been possible without the generous support of the following donors:
  • The Gottesman Fund
  • Righteous Persons Foundation
  • Charles H. Revson Foundation
  • Elisa Spungen Bildner and Robert Bildner, in honor of Norma Spungen
  • George S. Blumenthal
  • Grace and Scott Offen Charitable Fund