NO. 12/13


Financial and Banking News

Aid Flows

Saudi Development Assistance Falls in 1989, as Arab Aid Continues toDecline

A sharp fall in net disbursements of official development assistance (ODA) bySaudi Arabia during 1989 was the biggest single factor behind the continuingdecline in Arab aid flows, which now stand at their lowest level since the1970s, according the the latest report on development cooperation published bythe Organization for Economic Cooperation...