ON THE ECONOMIC LEVEL, WE HOPE THAT THE KINGDOM'S DECISION TO DEPOSIT US$ 1 BILLION IN THE LEBANESE CENTRAL BANK WILL HAVE A POSITIVE EFFECT ON THE CASH STABILITY IN LEBANON AND WILL RAISE THE LIQUIDITY AND ASSETS OF THE CENTRAL BANK IN FOREIGN CURRENCY AS WELL AS SUSTAINING THE STABILITY OF THE EXCHANGE RATE AND PURCHASE CAPACITY OF THE LEBANESE AND HAVING A POSITIVE EFFECT ON THE BALANCE OF PAYMENTS. ON THE POLITICAL LEVEL, THE KINGDOM OF SAUDI ARABIA HAS LINKED ITS HUMANITARIAN AND ECONOMIC SUPPORT FOR LEBANON WITH PRACTICAL STEPS. THEREFORE, THE SAUDI INITIATIVE CAME IN LINE WITH A MAJOR DIPLOMATIC MOVE MADE BY SAUDI ARABIA TO SUPPORT LEBANON IN ORDER TO STOP THE WAR AND DESTRUCTION THERE.THE CLOSE BROTHERLY RELATIONS BETWEEN THE KINGDOM OF SAUDI ARABIA AND LEBANON STARTED SINCE THE INDEPENDENCE OF LEBANON AND PASSED THROUGH THE TAIF AGREEMENT. THE KINGDOM'S STAND FROM THE CURRENT EVENTS WILL REPRESENT A NEW PHASE IN THE BROTHERLY RELATIONS BETWEEN THE TWO COUNTRIES, ENHANCE THE RESISTANCE OF THE LEBANESE PEOPLE AGAINST THE ISRAELI AGGRESSION, PREVENT LEBANON FROM FACING AN ECONOMIC COLLAPSE AND SUPPORT THE LEBANESE GOVERNMENT.WE HOPE THAT ALL WILL FOLLOW THE STAND OF THE CUSTODIAN OF THE TWO HOLY MOSQUES. LEBANON IS IN NEED OF A STRICT STAND THAT ENDS THE SAVAGE WAR.THE KINGDOM OF SAUDI ARABIA CALLS ON ALL TO ACT IN ACCORDING WITH HONEST CONSCIENCE AND INTERNATIONAL MORAL AND HUMANITARIAN LAWS. IT ALSO WARNS THAT IF THE PEACE OPTION IS REJECTED DUE TO THE ISRAELI ARROGANCE, THEN ONLY THE WAR OPTION REMAINS.-- MORE www.spa.gov.sa/380599