A Ministerial Economic Commission began discussions today on a $590,000,000 foreign-currency budget for the fiscal year 1959-1960 beginning April 1.
The new budget is $3, 000, 000 higher than the last one dealing with foreign currency, and includes $5, 500, 000 for a special fund for the redemption of Israel’s independence and development bonds.
The budget envisages the receipt of $160, 000, 000 worth of revenue from exports, $65, 000, 000 from “invisible” exports, and $60,000,000 in reparations under the West German-Israeli Reparations Agreement.
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.