The projected funding requirement for 2025 is estimated at SR139 billion ($37 billion), according to a statement issued on Sunday.
The total encompasses two primary components: covering a fiscal deficit of SR101 billion, as highlighted in the Ministry of Finance’s official budget statement, and meeting the SR38 billion in principal repayments for debts maturing during the year.
To achieve its funding objectives, Saudi Arabia plans to enhance its access to both local and international financing channels and pursue innovative financing opportunities to stimulate economic growth, the statement added.
Moves will include private transactions such as export credit agency-backed initiatives, financing for infrastructure development, and capital expenditure projects.
The Kingdom will also explore opportunities to access new markets and issue debt in diverse currencies, depending on market conditions.