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Jewish National Fund Gets $6,000,000 Loan from Beigian Banks; Will Buy Machinery

December 1, 1950
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The Jewish National Fund revealed today that it has been granted a $6,000,000 loan by four of the largest banks in Belgium. The loan, repayable in five years at an interest rate of four-and-a-quarter percent, will be used for the purchase of machinery and essential industrial products in Belgium.

The General Bostmasters of Denmark, Sweden, Norway, Iceland and Finland are due to arrive here at the end of this week as guests of the Israel Government. They will be given a reception by Dov Joseph, Minister of Communications.

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