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October 1, 2016 / 28 Elul, 5776
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US Grants 3-Year Extension of Loan Guarantees to Israel


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The US government has announced that it will recommend that Congress approve a three-year extension of loan guarantees to Israel, worth $3.8 billion.

Deputy U.S. Secretary of State Thomas Nides announced the decision at a meeting with Israeli Deputy Foreign Minister Danny Ayalon on earlier in the week. The recommendation is expected to receive wide bi-partisan support in Congress and be approved without incident.

Jewish Press Staff

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