VOL. XXXII

NO. 30

1-MAY-1989

FINANCIAL AND BANKING NEWS

AID FLOWS

PLO Gets $12mn in Saudi Aid

Saudi Arabia has paid the first two monthly installments of a $6mn/month aidprogram to the Palestine Liberation Organization (PLO) to help finance theintifada in the occupied territories. According to a statement by thePalestinian Ambassador to Riyadh on 22 April, Saudi aid worth $12mn has beenpaid to the PLO in two installments.