Weissglass: U.S. Aid Likely to be Faster than Usual

(Globes) - Ran Dagoni "Approval of the U.S. loan guarantees is likely to be faster than usual, thanks to the administration's great understanding of Israel's economic distress caused by the security situation and war against terrorism," Prime Minister's Bureau director Dov Weissglass said Tuesday. "The negotiations with the U.S. about Israel's aid request have opened well. We have no reason not to be optimistic," said Ministry of Finance director general Ohad Marani. An Israeli delegation presented Israel's request for $4 billion in direct aid and $8 billion in loan guarantees to the Bush administration officials this week.

2003-01-08 00:00:00

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