The Israeli Parliament at a late session today appeared the government-sponsored austerity program. The vote was 57 against 33, with may abstentions.
Dev Joseph, Minister of Food and Supply, summing up the arguments in favor of the plan, said that a total saving of 17,000,000 pounds–about $51,000,000–annually will be achieved if the austerity program is effected. He emphasized that austerity is only a part of the over-all government program aimed at bringing down the cost of living and consolidating the Israeli currency.
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.
