The Israel Government has applied to the United States for $88,000,000 in aid in the form of surplus food, direct loans and counterpart funds, a spokesman for the Israel Treasury announced here today.
The spokesman said that the U.S. had been asked for $45, 000, 000 worth of surplus agricultural products, a $25, 000, 000 loan from the United States Development Fund and $18, 000, 000 in counterpart funds from the U. S. Export-Import Bank. An agreement for the last grant, to be used for industrial development, is expected to be signed within a few days.
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.