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Saudi Arabia greenlights 2026 funding strategy
(MENAFN) Saudi Arabia has greenlighted its Annual Borrowing Plan for the 2026 fiscal year, as announced by Finance Minister Mohammed bin Abdullah Al-Jadaan.
The kingdom’s financing requirements for 2026 are estimated at approximately 217 billion riyals (around 57.9 billion U.S. dollars), designed to cover an anticipated budget shortfall of 165 billion riyals (44.1 billion USD) and repay about 52 billion riyals (13.9 billion) in maturing debt, according to official statements.
The plan also envisions expanding alternative government funding sources, including project and infrastructure financing as well as export credit facilities, within a framework of prudent risk management over 2026 and the medium term.
The projected deficit for 2026 represents roughly 3.3 percent of gross domestic product, down from an estimated 245 billion riyals for 2025, when lower oil prices and output reduced revenues while spending exceeded the budget by around 4 percent.
The kingdom’s financing requirements for 2026 are estimated at approximately 217 billion riyals (around 57.9 billion U.S. dollars), designed to cover an anticipated budget shortfall of 165 billion riyals (44.1 billion USD) and repay about 52 billion riyals (13.9 billion) in maturing debt, according to official statements.
The plan also envisions expanding alternative government funding sources, including project and infrastructure financing as well as export credit facilities, within a framework of prudent risk management over 2026 and the medium term.
The projected deficit for 2026 represents roughly 3.3 percent of gross domestic product, down from an estimated 245 billion riyals for 2025, when lower oil prices and output reduced revenues while spending exceeded the budget by around 4 percent.
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