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Jewish Agency Will Need $645 M for 1972 Fiscal Year

August 31, 1971
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The Jewish Agency will need $645 million during the fiscal year beginning in April, 1972 to carry out its activities in the fields of immigration, absorption, agricultural settlement, health and welfare services, youth aliya, housing and education, treasurer Aryeh L. Dulzin told a meeting today of the Jewish Agency Executive. Budgeted expenditures of the Jewish Agency for the current fiscal year amount to $572 million. The budget proposed by Dulzin and approved by the Executive will be submitted to the Agency’s Board of Governors which meets later this week. Jewish Agency chairman Louis Pincus said he hoped the fund-raising arms of the Jewish communities abroad would be able to meet the challenge and increase their contributions. The target for the current year is $600 million of which $400 million is expected to come from the United States. The Jewish Agency’s budget is separate from that of the World Zionist Organization which amounts to $28 million this year. With the reconstitution of the Jewish Agency, the WZO became a separate body charged with organization, information, education and other activities in the diaspora of a political nature. The Executive approved a proposal by Joseph Klarman, head of Youth Aliya, that it absorb another 4500 pupils in addition to the 8000 youngsters now living in Youth Aliya boarding schools. The additional pupils would come from large families and families on the poverty level.

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