VOL. XXXVIIINO. 714-NOVEMBER-1994

Financial and Banking News

Regional Financing

Saudis Pay $330Mn Towards Costs Of Recent Gulf Deployment

Saudi Arabia has paid $330mn to the US Government as a contribution to theestimated $600mn cost of last month's military deployment in the Gulf. Arabofficials close to the Saudi Government, who were quoted by the Reuter newsagency, said that the money had already been transferred. Their commentsfollowed a report in the New York Times of 4 November that the...