Franz Josef Strauss, the West German Finance Minister, said yesterday that he believed aid to Israel this year would be about 160 million marks ($40 million), equivalent to the aid given last year. He cited this figure during a press conference on West Germany’s economic situation, in reply to a question from the Jewish Telegraphic Agency.
Declaring that a part of the current aid for Israel had already been earmarked, the Finance Minister added that budget committees of the West German Parliament would have to approve the action but that there was no doubt such approval would be given. It was indicated that an economic aid agreement will be signed soon with Israel.
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.