United States aid to Israel in the past three years has totaled some $200,000,000, Finance Minister Levi Eshkol reported here today. He listed the total in remarks made at a farewell luncheon honoring John Haggerty, retiring director of the United States Operations Mission in Israel.
The Finance Minister said the aid–in the form of loans, grants, food surpluses and technical assistance–had an important role in Israel’s economic development in that period during which national output rose 30 percent and exports increased from 220,000,000 pounds to 300,000,000 pounds annually.
A top official of the World Bank, Stewart G. Mason, is due here from Washington next month to study projects submitted by Israel in connection with her application for a loan, a spokesman for the Bank of Israel announced here today. Following Mr. Mason’s visit, a team of technical experts of the World Bank will arrive here in connection with the projected loan.
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.
