Saudi pre-budget statement projects 3.6% deficit for FY2027
The Finance Ministry estimates SAR 1.392 trillion in spending and SAR 1.202 trillion in revenue.
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The Finance Ministry estimates SAR 1.392 trillion in spending and SAR 1.202 trillion in revenue.
The two-tranche dollar deal drew orders of about $16.5 billion, according to the National Debt Management Center.
The September 29 session reviewed the IMF policy agenda and preparations for its October annual meetings.
The non-profit body is intended to support design, testing, standards and export readiness.
Officials examined how spending and revenue changes relate to economic activity and policy design.
Saudi Arabia and six partners reaffirmed market-stability commitments after a virtual review.
SPA reports potential applications ranging from fertilizer and feed to fibreboard and bioenergy.
The government issuance was divided into six maturity tranches running from 2029 to 2041.
The finance ministry’s account of the rating decision includes the agency’s economic projections and risk assessment.
The planned service would let merchants accept contactless cards and digital wallets on compatible phones.
The proposed partnership would develop Saudi facilities for cloud, digital applications and AI workloads.
In a 10 March Reuters interview, ExxonMobil CEO Darren Woods said non-essential staff had left Middle East operations and some activity was being scaled back to manage inventories as Hormuz shipping was challenged.
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