Israeli Lira


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Israeli Lira

The former currency of Israel. It was introduced upon Israeli independence in 1948. The fact that it had a non-Hebrew name proved controversial. As a result, it was replaced by the old Israeli sheqel in 1980.
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In the fiscal year 1968/9, the budget amounted to 140 million Israeli lira (in 2007 terms, NIS 900 million.
To secure its influence, they decided to obtain a State grant of 1,000 Israeli Lira in order to build a mosque in the village.
They reached an agreement with representatives of the MAFDAL, which stipulated, among other things, that MAPAI would be required to pay a monthly installment of 300 Israeli Lira to the MAFDAL's representative until a job was found for him.

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