VOL. XXXI

NOS. 11/12

21/28-DECEMBER-1987

Financial and Banking News

AID FLOWS

Saudi Arabia Grants Lebanon $10mn

Saudi Arabia has agreed to grant Lebanon $10mn "to help the Lebanesepeople through their difficult economic situation," according to the SaudiPress Agency on 14 December. The money will be distributed by special committees "to guarantee just distribution among all Lebanese withoutexception."