“Saudi Arabia has been a strong supporter of Lebanon for decades, it’s not new, but we are watching what is happening at the moment. We are talking to the IMF and others. I would like to see a very clear reform plan that is doable, viable, accepted by the IMF and the supporting countries, and we will obviously assess it and stand ready.”
-Mohammed al Jadaan, Minister of Finance of Saudi Arabia, in comments to CNBC’s Hadley Gamble. [CNBC.com]