Saudi Arabia changing no-strings aid, finance minister says

Middle East
18-01-2023 | 12:00
High views
Share
LBCI
Share
LBCI
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
Saudi Arabia changing no-strings aid, finance minister says
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
0min
Saudi Arabia changing no-strings aid, finance minister says

Saudi Arabia's finance minister said on Wednesday the kingdom is changing the way it provides assistance to allies, shifting from previously giving direct grants and deposits unconditionally.

"We used to give direct grants and deposits without strings attached and we are changing that," Mohammed al-Jadaan said at the World Economic Forum in Davos, adding Saudi Arabia was encouraging countries in the region to make reforms.
 
"We need to see reforms. We are taxing our people, we are expecting also others to do the same, to do their efforts. We want to help but we want you also to do your part."
 

Middle East

Saudi Arabia

KSA

String

Aid

Finance

Minister

Assist

Allies

Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
LBCI
Lebanon News
2025-07-11

Lebanon announces new BDL Deputy Governors

LBCI
World News
2025-04-10

South Korea's presidential front-runner Lee Jae-myung enters leadership race

LBCI
Lebanon News
2025-07-11

LBCI sources: Families of Syrian detainees plan protests at Lebanon-Syria border crossings

LBCI
Middle East News
2025-06-22

Iran media reports 'massive' blast in Bushehr province, home to nuclear reactor

Videos
d-none hideMe
LBCI
Lebanon News
2025-07-01

Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district

LBCI
Lebanon News
2025-06-10

Clash between Lebanese Army and residents of Deir Qanoun Al Nahr results in injuries (Video)

LBCI
Lebanon News
2025-06-04

Mexico dedicates garden around Lebanese Emigrant Statue in Beirut to mark 80 years of diplomatic ties

LBCI
Lebanon News
2025-05-19

President Aoun to seek Egyptian support for Lebanese Army in detecting explosives and tunnels

LBCI
Lebanon News
2025-05-15

LBCI Exclusive: US steps up pressure on Hezbollah, Morgan Ortagus details sanctions and vision for Lebanon's future

LBCI
Lebanon News
2025-05-11

Kuwait rolls out official welcome for Lebanon's President Aoun – video

LBCI
Lebanon News
2025-05-11

Security incidents temporarily disrupt voting in several Akkar and Minieh-Danniyeh centers

LBCI
News Bulletin Reports
2025-05-09

EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview

LBCI
Lebanon News
2025-04-23

US envoy Morgan Ortagus hails Lebanese diaspora, says country stands at a crossroads

Most read
d-none hideMe
24 hours
7 days
Month
LBCI
Middle East News
01:08

Turkish Airlines denies flight cancellations to Lebanon, Syria, Iraq, and Jordan

LBCI
News Bulletin Reports
12:55

Syria considers closing its land border: What are the consequences for Lebanon?

LBCI
News Bulletin Reports
13:00

Maritime demarcation deal: Beirut prepares to host Cypriot delegation for maritime border talks

LBCI
News Bulletin Reports
12:48

Talks advance in Azerbaijan: Israel and Syria prepare for next diplomatic step with draft deal in hand

LBCI
Middle East News
01:26

More than 30 killed in sectarian clashes in Syria's Sweida, interior ministry says

LBCI
Lebanon Economy
04:14

Lebanon's central bank partners with US firm to boost financial oversight

LBCI
Middle East News
07:55

Israel strikes tanks in Syria's Sweida

LBCI
Lebanon News
02:31

Jeita Grotto to welcome visitors starting July 15

Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
Download now the LBCI mobile app
We use
cookies
We use cookies to make
your experience on this
website better.
Accept
Learn More