VOL. XXXIV
NO.16
21-JANUARY-1991
Financial and Banking News
Gulf Crisis
King Fahd Details Saudi Aid to Iraq
Saudi aid to Iraq in recent years has totaled $25,734mn, according to KingFahd ibn 'Abd al-'Aziz, far more than the Iraqis are prepared to admit. In abitter and wide-ranging letter to President Saddam Husain of Iraq, the King forthe first time detailed (down to the last US cent) the aid which had beenprovided to Iraq. The King's figures did not specify the time frame over whichthe money had...
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