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Bonn Says Reduced Budget Will Not Void Payments to Nazi Victims

January 23, 1967
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A West German Finance Ministry spokesman told the Jewish Telegraphic Agency today that a stabilization program adopted to deal with a budgetary deficit would not affect scheduled payments to victims of Nazism.

The stabilization program is aimed at elimination of a deficit of about 4,000,000,000 marks ($1,000,000,000). It required many cuts in the West German Federal budget. However, the spokesman said, no cuts were made in budgetary allocations for scheduled indemnification payments, and that all such payments would be made as planned.

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