8/1/2025
The National Debt Management Center (NDMC) has announced the completion of the 2025 Annual Borrowing Plan, which aims to cover the approved budget deficit of (101) billion SAR, in addition to principal debt repayments of approximately (38) billion SAR due in 2025. This comes as part of the approved public debt strategy, which seeks to meet the needs of public finances and seize available opportunities in both local and global markets.
As a result of a resilient public finances that can adapt to fiscal and economic developments locally and globally, the Kingdom has proactively undertaken additional financing activities through private funding channels during the past months of 2025. It is also expected that additional financing activities will be undertaken during the year, focusing on local and private market channels to continue supporting spending priorities, meeting financing needs, and capitalizing on market opportunities. Moreover, the financing plan from the international markets is expected to remain unchanged from what was previously announced in the Annual Borrowing Plan for the fiscal year 2025, ensuring that net issuances from international markets remain below 2024 levels.