The IL 10 million earmarked by the Jewish Agency for the World Federation of Sephardi Communities will be used to establish a fund for aid to needy families and for fellowships for Sephardi students, Dr. Nissim Gaon, chairman of the World Federation of Sephardi Jews, announced at a press conference here, According to Dr, Gaon, IL 4 million will be assigned to further the education of Oriental student drop-outs and IL 3 million will be used to help needy families.
The sums of IL 1 million each will be used to aid social welfare societies; help students in institutions of higher learning; and to help promote superior students. Dr, Gaon said he hoped the activities of the World Federation of Sephardi Communities would help to advance those groups in Israeli society which are in need of help.
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