(Globes) - Ran Dagoni Following a meeting with members of Congress, Israeli sources in Washington said Thursday, “Many House and Senate members understand that aid to Israel is not betting on a bad horse. Israel received special aid packages in 1985 and 1992. In both cases the aid proved worthwhile. The 1985 package helped eliminate hyperinflation, and the 1992 package helped absorb immigrants from the former Soviet Union. In both cases, Israel was able to use the special aid effectively to repair its economy. The House members and Congressional aides at the meetings were inclined to grant Israel “something,” i.e., some special aid, although there is no guarantee Israel will receive everything it asked for.
2003-01-10 00:00:00Full ArticleBACK Visit the Daily Alert Archive