Tourism to Israel May Be Hurt
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Tourism to Israel May Be Hurt

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A new government measure to discourage travel abroad by Brazilians is expected to have an adverse effect on the tourist and pilgrimage traffic from this country to Israel. During the 12 months between April 1975 through March 1976, nearly 7000 Brazilian tourists visited Israel. But the number is bound to decline because of the new rules intended to changes to foreign currency. The government now requires every Brazilian seeking an exit-permit to deposit 12,000 cruzeiros–about $1100–for one year at no interest. This means that every deposit will lose over 40 percent of its actual value because of inflation.

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