NO. 22


Financial and Banking News

Aid Flows

Arab Aid Flows Stay Constant, Despite Fall In Saudi Disbursments

Official Development Assistance (ODA) extended by the three main Arab donorsSaudi Arabia, Kuwait and the UAE was $1,156mn in 1993, almost unchanged from$1,154 in 1992, according to estimates by the OECD. In recent years these threecountries have accounted for over 90% of total ODA by Arab countries. Thefigures are contained in the 1994 annual report of the...