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Saudi foreign assistance
Since the 1970s Saudi Arabia has provided foreign assistance to many countries and organizations.
Just between 1976 and 1987, Saudi developmental aid amounted to USD49 billion,〔(Barton, Jack )〕 second only to the United States of America. The ODA/GNP ratio averaged 4.2% over this period, well above the highest amount provided by Development Assistance Committee countries (the DAC average is 0.35%).〔(Saudi Aid to the Developing World )〕 On a per-capita basis, the country is the biggest worldwide donor though the aid has only been given to Muslim countries.〔
==Saudi fund for development==
The Saudi Fund was set up by royal decree in October 1974, to stimulate economic growth in developing nations. In the next four years it gave soft loans totaling $3.1 billion to 51 countries, many of them with the lowest per-capita income bracket in the world. Almost 60 percent of approved loans earmarked for transport, power and water projects. By 1979, the fund accounted for about 30 percent of the kingdom's foreign economic aid.〔Lawton, John (1979). "(Aid - Who Gives It )". ''Aramco magazine'' 30 (6): 26-27.〕
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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