KSA, 6 January, 2025 : The Minister of Finance, H.E. Mohammed Abdullah Aljadaan, has approved the 2025 Annual Borrowing Plan, following endorsement by the National Debt Management Center's Board of Directors. The plan outlines developments in public debt during 2024, local debt market initiatives, and the funding strategy for 2025, including the issuance calendar for the Local Saudi Sukuk Issuance Program in Saudi Riyal.
For 2025, Saudi Arabia's funding needs are estimated at SAR 139 billion, covering a projected budget deficit of SAR 101 billion and debt repayments of approximately SAR 38 billion.
The plan emphasizes diversifying local and international financing channels to ensure sustainable access to debt markets and broaden the investor base. The Kingdom aims to issue sovereign debt instruments at fair pricing while adhering to robust risk management frameworks.
Additionally, Saudi Arabia will explore private financing options, including export credit agency financing, infrastructure and CAPEX funding, and opportunities in new markets and currencies, to support economic growth and meet funding requirements.
Source : www.mof.gov.sa
