The Israel Industrial Development Bank opened formal negotiations with the World Bank for a $15,000,000 loan.
Among the Israeli negotiators were Dr. A. Neeman, bank director, Nahum Shamir, Israel Economic Minister, and Dr. S. Sittan, Economic Counsellor of the Israeli Embassy. Four loans totaling $94,500,000, have been made by the World Bank to Israel to date. The most recent was a $20,000,000 loan extended in September, 1965.
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.