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Tanganyika Announces $2,800,000 Loan from Israel for Large Projects

March 14, 1963
See Original Daily Bulletin From This Date

Paul Bomani, Tnaganyika Finance Minister, returned from Israel today and announced details of plans for expenditure of a $2,800,000 credit negotiated with Israel last week. He said that, under the agreement, Israel will provide machinery and funds for an irrigation project, for a government housing project and for a luxury tourist hotel overlooking the Dar-Es-Salaam harbor.

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