The International Monetary Fund, an arm of the United Nations, with headquarters in Washington, has approved the doubling of Israel’s quota from $25,000,000 to $50,000,000, it was revealed here today. When Israel first joined the IMF in 1954, its quota was only $4,500,000. The amount has been raised steadily in recognition of Israel’s rapid economic development.
Keep Jewish Stories in Focus.
JTA has documented Jewish history in real-time for over a century. Keep our journalism strong by joining us in supporting independent, award-winning reporting.
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.
