Information on Israel's Planning and Grants Committee (PGC) of the Council for Higher Education, the Chairman's Review, and the Director General's Report are presented. It is suggested that the greatest achievements of the PGC in the first six years were to introduce order in budgeting, ensure balanced budgets, prevent deficits, eliminate past debts, prevent new ones, and supervise plans for development and construction. Five channels were created by the PGC for the transfer to the universities of the resources allocated by the State. The most central and important channel is the global allocation transferred annually by the PGC to each university. Additional allocation was by open competition based on the quality of teachers, researchers, and research programs. The PGC gives special encouragement to the accumulation of endowment funds, and matching allocations are also given for the purchase of books and periodicals by university libraries and for certain investments in the field of energy conservation. Allocations are made to the university in a definite relationship to its own investment. PGC finances in part the investments of the universities in development and building and budgets for special projects of national importance, mainly in the field of education. Information on the budget for academic year 1979-80, changes in the PGC, interuniversity cooperation, enrollment by institution, and the government and parliament are included. (SW)