REGION
Development aid: Riyadh no longer spends lavishly
After decades of financial support flowing freely from the petro-monarchy’s treasury coffers, the Saudi kingdom has declared its willingness to condition aid to third countries on economic reforms.
L'Orient-Le Jour / By Laure-Maïssa FARJALLAH, 01 February 2023 20:25
It sounds like a warning. The announcement in Davos by the Saudi finance minister that he wants to make deposits and financial aid to third countries conditional on economic measures is intended to mark a break."We need to see reforms. We tax our...
It sounds like a warning. The announcement in Davos by the Saudi finance minister that he wants to make deposits and financial aid to third countries conditional on economic measures is intended to mark a break."We need to see reforms. We tax our...