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Carter Administration Recommends Additional $300 M in Economic Aid for Israel During Fiscal 1978

February 8, 1977
See Original Daily Bulletin From This Date

The Carter Administration has recommended that Israel receive an additional $300 million in economic aid for fiscal 1978, Foreign Minister Yigal Allon told the Cabinet yesterday. This means that Israel would get $1 billion in military aid and $800 million in economic aid.

Israel had asked for $2.3 billion of which $1.5 billion would be in military aid and $800 million in economic aid. The Ford Administration had recommended that Israel get $1.5 billion. The Israeli government is expected to ask for the additional $500 million in military aid when Secretary of State Cyrus R. Vance arrives here next week.

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