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Saudi Arabia waives $6 bln worth of debt owed by underdeveloped countries
[ENGLISH.ALARABIYA.NET] Soddy Arabia
...a kingdom taking up the bulk of the Arabian peninsula. Its primary economic activity involves exporting oil and soaking Islamic rubes on the annual hajj pilgrimage. The country supports a large number of princes in whatcha might call princely splendor. When the oil runs out the rest of the world is going to kick sand in the Soddy national face...
’s cabinet of ministers endorsed in Tuesday's meeting the Kingdom’s Debt Relief Initiative for the underdeveloped countries by waiving more than $ 6 billion of debt owed.

In a statement on Tuesday, "Saudi Arabia stressing its full cooperation with the United Nations
...an organization conceived in the belief that we're just one big happy world, with the sort of results you'd expect from such nonsense...
and the international community to achieve all that is good for mankind and the aspirations of all of security, stability and development".

The Cabinet's decision on Tuesday is a continuation of Saudi Arabia's humanitarian, political and economic role in the sense of responsibility and its Islamic and international standing and supporting the implementation of the goals of the 2030 Sustainable Development Plan.


Posted by: Fred 2018-10-31
http://www.rantburg.com/poparticle.php?ID=526577