Search JTA's historical archive dating back to 1923

Israel to Get $785m in Economic Support, $1.4b in Military Sales Credits Under New Foreign Aid Bill

November 19, 1980
See Original Daily Bulletin From This Date
Advertisement

The House Foreign Affairs Committee and the Senate Foreign Relations Committee, went into conference today to consider the foreign aid bill for fiscal year 1981. Under the proposed legislation, Israel would receive $785 million in economic support funds and $1.4 billion in foreign military sales credits.

Egypt is recommended to receive $750 million in support funds and $550 million in military sales credits for the fiscal year. In addition, it would receive $274 million under the Public Law 480 Food Program.

The only other Middle East country stated to receive a significant amount of aid is Jordan which would get $100 million evenly divided between economic support funds and military sales credits. The two committees are expected to work out a foreign aid bill by the end of this week.

Recommended from JTA

Advertisement