The language. which said as follows: * * * the Israeli Government will likely be able to fully service its external debt and to continue its past record of payment under most foreseeable circumstances. However. the large size of the guarantees makes them more risky to the U.S. Government. The level of risk involved. if these loans are guaranteed to Israel. will depend to a great extent on Israels implementation of its absorption plans and the economic reforms urged on it by U.S. and Israeli experts. The more fully and rapidly the reforms are adopted and the more closely Israel follows its strategy to employ new immigrants in the private sector rather than in the public sector. the stronger Israels ability to repay the loans will be. I hope. Mr.
Keywords matched
immigrants