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January 25, 1991 - Image 61

Resource type:
Text
Publication:
The Detroit Jewish News, 1991-01-25

Disclaimer: Computer generated plain text may have errors. Read more about this.

STATE OF ISRAEL BONDS
$100,000,000 EMERGENCY CAMPAIGN

FACT

The lack of tourism cost Israel a $250 million loss
in 1990 and an additional $250 million is anticipated in 1991.
Total loss of $500 million. Israel lost 100,000 tourists in 1990 com-
pared to 1989.

FACT

-

Israel is paying dearly for energy, an increase of $400
million in payments for oil as a result of higher prices since
August. Israel paid $96 per ton for oil in July 1990 and $238
in October 1990
2.5 times more, in only three months.

FACT

-

Despite the present wartime crisis more Soviet Jews
than ever before are arriving in Israel this year. As many as
500,000 Soviet Jews will arrive in Israel this year. Israel will re-
quire a major infusion of funds to absorb these immigrants.

FACT

-

All 1991 Israel Bond proceeds will be channeled into
the Israeli Government budget to provide housing and jobs for
history's greatest Aliyah.

FACT

-

YOUR INVESTMENT IN THE FUTURE OF
ISRAEL IS DESPERATELY NEEDED.

-

This is not an offering, which can be made only by prospectus,
a copy of which may be obtained from

DEVELOPMENT CORPORATION FOR ISRAEL
STATE OF ISRAEL BONDS

29201 Telegraph — Suite 324 — Southfield, MI 48034 — Phone: 352-6555

Until further notice the Israel Bond Office will also be open on SUNDAYS.

THE DETROIT JEWISH NEWS

61

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