Friday, June 3, 2011

Saudi Arabia Grants $400 Million to Jordan


"... The grant will help to finance a number of projects “which will reflect positively on the level and the quality of services provided to citizens and will help overcome the difficulties faced by the public budget,” the Jordanian minister was quoted as saying. Jordan, one of the smallest economies in the Middle East, imports more than 90 percent of its oil and relies on foreign investment and grants to support its budget and current-account deficits..."

2 comments:

Anonymous said...

Bandar has a mansion in the US that's worth almost $400m. Doesn't King Abdallah II feel cheap like his father, and grandfather?

Anonymous said...

Excellent point Anon..., King Hussein was bought by CIA, lock stock & barrel for decades with just 10 Million USD per year...as per the WAPO....