Israel and the United States signed an agreement today at the State Department which formalized the grant of $150 million in economic supporting assistance to Israel under the U.S. assistance program. Israeli Ambassador Simcha Dinitz and the acting administrator of aid, John Murphy, signed the agreement. Murphy acted in place of administrator Dan Parker who Is overseas.
Israeli and Egypt both were allocated $150 million in the continuing resolution on foreign assistance voted by the last Congress and signed into law by President Ford earlier this month. Egypt has not yet signed Its agreement, The continuing resolution is due to expire by the end of February, If the program is to continue, the present Congress must adopt legislation before that date.
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