An Israeli economic team, headed by David Horowitz, Governor of the Bank of Israel, is completing negotiations with the World Bank here for a $22,000,000 loan to construct a modern highway network in Israel. The loan will be at the rate of 5-1/2 percent and will extend over 10 years. Approval from the bank’s board of governors is till pending but is expected in the next few weeks.
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.
