Saudi Arabia secures 90% of 2026 funding needs ahead of regional market disruptions

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Business Tech 06-05-2026 | 17:40

Saudi Arabia secures 90% of 2026 funding needs ahead of regional market disruptions

Saudi Arabia advances its financing strategy by securing most of its 2026 funding needs early, relying heavily on domestic debt markets amid regional economic volatility.

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Saudi Arabia secures 90% of 2026 funding needs ahead of regional market disruptions
Riyadh (AFP)
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The National Debt Management Center in Saudi Arabia announced that the Kingdom has covered 90% of its financial needs for the year before the escalation of the Iranian conflict, thereby achieving the borrowing plan for 2026.

 

The center mentioned in a statement on its website that it is coordinating with the Ministry of Finance to determine funding needs for the upcoming period. If additional funding needs arise, the focus will be on covering these through private channels and the local debt market.

 

Saudi Arabia estimated its financial needs for this year at approximately 57.9 billion dollars, including about 44.0 billion dollars to cover a budget deficit of 13.9 billion dollars, and to repay the principal of the outstanding debt.

 

The Kingdom's budget deficit reached approximately 33.6 billion dollars in the first quarter of this year, driven by a decline in oil revenues to their lowest levels since the second quarter of 2021, due to the closure of the Strait of Hormuz, which disrupted oil and gas exports in the region.

 

Additionally, the Kingdom has selectively reduced its issuances in the international debt markets after successfully meeting a large part of its needs through local channels and private financing, while continuing to monitor global markets to seize the right opportunities. 

Tags
Saudi Arabia ، financial markets ، deficit ، budget ، investments ، funding ، domestic debt