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Financial and Banking News

Aid Flows

Recorded Arab Aid Quadrupled in 1990, Says OECD

Net disbursement of official development assistance (ODA) by Arab donors rosein 1990 for the first time in 10 years due to the changed circumstances broughtabout by the Gulf crisis. An OECD report, Financial Resources for DevelopingCountries; 1990 and Recent Trends, provides the first authoritative indicationof how Arab aid patterns have been affected by the Gulf crisis. It shows that...