NO. 9


Financial and Banking News

Budgets & Revenues

Saudi Arabia to Extend $4,000mn Loan to Soviet Union

Saudi Arabia has agreed to provide the Soviet Union with a $4,000mn loanfollowing meetings in Moscow between the Saudi Foreign Minister, Prince Sa'udal-Faisal, and his Soviet opposite number, Mr. Eduard Schevardnadze. Howeverdetails of the loan had still to be finalized when Prince Saud left Moscow, andthis task was entrusted to Mr. Muhammad Aba al-Khail, the Saudi...