Israel’s exports surpassed the country’s imports in February, registering such a record for the first time in any one month in Israel’s history, the Government’s statistical bureau announced here today. February exports had amounted to $56 million, exceeding the month’s imports by $700, 000. The record, the bureau said, was due to the quantity of citrus products exported during the current season.
(In London, Labor Minister Yigal Allon declared today that Israel’s balance of trade deficit had dropped from $463, 000, 000 in 1964 to $270, 000, 000 this year. In an interview with The Guardian, he cited this as one of the “encouraging developments” in Israel’s struggle to end its current economic slump. He said he was sure the Israeli economy could become self-sufficient but that he “did not want to sound too optimistic.”)
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