Saudi Arabia’s large borrowings to fund economic-transformation plan
Saudi Arabia began 2025 on a borrowing binge to finance its massive economic reform plan. Last year, the kingdom was one of the biggest bond issuers among developing markets. On Monday, the kingdom’s sovereign wealth fund revealed a 7 billion dollar Islamic loan negotiated with 20 banks. The bonds issued for 12 billion dollars were also unveiled. Watch in for more details!
Responses