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Jewish Agency Budget of $102,200,000 for Fiscal Year Proposed

November 7, 1952
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A proposal for the adoption of a Jewish Agency budget of $102,200,000 for the next fiscal year was made public here today by the Agency treasury. Before being accepted, the budget must first be approved by a plenary session of the Agency executive and by the Zionist Actions Committee, policy making body of the Zionist movement between world congresses. The Agency and the Actions Committee will meet here later this month.

The proposed budget provides for an expenditure of $53,200,000 for agricultural settlements. Major appropriation in the agricultural settlement portion of the budget would be $18,900,000 for the establishment of 58 new settlements in the next year. Some 5,000 families would be established in the new settlements.

The sum of $5,600,000 will be spent for final consolidation of some 4,000 families who were resettled since the establishment of the State, while $16,800,000 will be spent for assistance to 18,000 families settled on the land in recent years but who are not yet in the stage where they can consolidate their position permanently. Also included in the agricultural category is the expenditure of $8,400,000 for various irrigation projects, and $1,400,000 for road construction among the agricultural settlements.

Beside the expenditures for agricultural purposes, the Agency budget foresees the spending of $7,700,000 for Youth Aliyah, $8,960,000 for initial care and absorption of new immigrants, and $3,500,000 for the transportation of an estimated 40,000 new immigrants in the forthcoming year.

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