The Israel Parliament resumed its session today after a six-week recess. Among the major items facing the legislators are adoption of several budgets: one dealing with development projects, the other with foreign currency.
The foreign currency budget is estimated at $585, 000, 000 as compared with $480, 000, 000 last year. The new budget, which was adopted by the Ministerial Economic Committee yesterday, includes $80, 000,000 on unconfirmed sources–anticipated increases in United Jewish Appeal and Israel bond sources, an export-Import Bank loan and upped German reparations payments.
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