NO. 30


Financial and Banking News

Budgets & Revenues

Arab Development Aid in Middle East Shows Decline

Statistics recently published by the Paris-based Organization for EconomicCooperation and Development (OECD) reveal significant anomalies in the flow ofofficial transfers to developing countries in the Arab world during the late1980s. Bilateral transfers from Arab countries declined during 1985-88, whilenet flows from Arab aid agencies were, in some cases, almost...