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Israel May Get $40,000,000 in U.S. Aid; Final Version Voted

August 23, 1954
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The final version of the Foreign Aid bill approved by Congress this week-end may include only about $40,000,000 in economic and technical assistance for Israel. The previous year’s Foreign Aid grant to Israel totalled $52,000,000.

The entire Near Eastern region is to get $115,000,000. Of this amount, the State Department said the Arabs will get the larger share. Exact allocations for individual states have not been specified because the State Department expressed a desire to keep the program as “flexible” as possible.

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