VOL. XLVI

No 12

24-March-2003

ISRAEL

US Expected To Give Israel $9Bn In Loan Guarantees, $1Bn In Military Aid

The US is expected to give Israel $9bn in loan guarantees over four years and $1bn in military aid, although a final decision has yet to be made according to US State Department spokesman Richard Boucher. The $1bn in military aid falls short of the $4bn Israel had wanted. However, the loan guarantees are $1bn higher than the $8bn originally requested due to the positive impression created...