Israel: U.S. Foreign Assistance
Abstract
Israel is not economically self-sufficient, and relies on foreign assistance and borrowing to maintain its economy. Since 1985, the United States has provided $3 billion in grants annually to Israel. Since 1976, Israel has been the largest annual recipient of U.S. foreign assistance, and is the largest cumulative recipient since World War II. In addition to U.S. assistance, it is estimated that Israel receives about $1 billion annually through philanthropy, an equal amount through short- and long- term commercial loans, and around $1 billion in Israel Bonds proceeds.
Document Details
- Document Type
- Technical Report
- Publication Date
- Dec 21, 2001
- Accession Number
- ADA477253
Entities
People
- Clyde Mark
Organizations
- Library of Congress