The Keren Hayesod reported today that its world-wide fund raising efforts have taken an upswing for the first time since the Yom Kippur War. Avraham Avi-Hai, chairman of the agency, told reporters that it raised $110.2 million in the fiscal year which ended last March 31 compared to $100.6 million in the previous fiscal year.
The Keren Hayesod-United Israel Appeal operates in countries throughout the world except the United States, which is covered by the United Jewish Appeal. Avi-Hai said the latest results represent a turn for the better and portend continued improvement in the years ahead.
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.