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Israeli Government Extends Loan to Tel Aviv; to Aid in Municipality’s Road Building

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Officials disclosed today that the Israeli Government has extended a loan of 200,000 pounds ($600,000) to the Tel Aviv municipality.

The government, it was announced, has approved the construction of a road linking Tel Aviv with Nathania, at a total cost of 600,000 pounds, to which the government will contribute 250,000 pounds.

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