Saudi Arabia expects financing needs to be around $12 billion in 2023

Published: Updated:
Enable Read mode
100% Font Size

Saudi Arabia expects its financing needs to be around 45 billion riyals ($12 billion) this year, the National Debt Management Center said on Wednesday.

Saudi Arabia’s finance minister approved the 2023 annual borrowing plan and a domestic sukuk issuance calendar, NDMC said in a statement. Saudi Arabia raised about 48 billion riyals for 2023 financing needs in pre-funding transactions in 2022, it added.

For the latest headlines, follow our Google News channel online or via the app.

Read more:

NEOM McLaren Formula E Team gear up for Saudi Arabia’s Diriyah E-Prix

Saudi Arabia ahead of UK on women’s health index

Saudi Arabia sees surge in expats as the Kingdom attracts foreign business

Top Content Trending