VOL. XXX

NO. 24

23-MARCH-1987

Financial and Banking News

AID FLOWS

Saudi Arabia Pays $42.5mn to the PLO, Mali, Guinea Bissau and Djibouti

Saudi Arabia paid a quarterly aid installment of $28.5mn to the PalestineLiberation Organisation (PLO) on 9 March, it was announced in Riyadh. SaudiArabia is pledged to provide $114mn annually to the PLO under the terms of the1979 Baghdad Summit resolution. Meanwhile, the Saudi Fund for Development (SFD)has agreed to lend Mali $5.8mn to help finance public...