Search JTA's historical archive dating back to 1923

U.S. Gives $39,000,000 Economic Aid to Israel in Four Months

February 18, 1954
See Original Daily Bulletin From This Date
Advertisement

American economic aid to Israel over the last four months has totalled $39,000,000, it was reported here today by official sources. The funds are drawn from some $147,000,000 in appropriations for assistance to nations in Asia, including Iran and the Arab states.

None of the Arab states obtained grants under the same program in the four month period because they did not have any proposals for projects meriting such assistance, it was stated. There are agreements between the U.S. and the Arab countries whereby Washington provides technical help for specific project.

Recommended from JTA

Advertisement