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Israel Cabinet Seeks Additional 65, 000,000 Pounds to Meet Increased Needs

November 21, 1955
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The Israel Cabinet decided today to ask Parliament for. legislation to raise an additional 65 million pounds during the 1955-56 fiscal year to balance the budget which has been thrown out of balance by the need for increased expenditures for arms and for the immigration and absorption of North African Jews.

Today’s session was chaired by Finance Minister Levi Eshkol in the absence of Premier David Ben Gurion, who has been downed by a bout of flu and who is expected back at his desk Tuesday or Wednesday.

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