Israel’s $200 Million Request Under Consideration, State Dept. Says
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Israel’s $200 Million Request Under Consideration, State Dept. Says

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Israel’s request for another $200 million in aid is under consideration by the United States Government, Finance Minister Pinhas Sapir was told yesterday by Dr. John A. Hannah, administrator of the Agency for International Development, a branch of the U.S. State Department. Dr. Hannah, here on a two-day visit as the Minister’s guest said the Agency’s pledge of a loan to assist Israeli housing construction has finally been approved, and that a proposal for a joint Israeli-American fund to strengthen scientific research here is being studied “sympathetically.” The capital for that fund would come from Israel’s debt to the U.S., and the proceeds would consist of the Interest which has been increased for this particular purpose.

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