Riyadh - Mubasher: Saudi Arabia is expected to re-issue debt instruments in this quarter or the next, according to the minister of finance, Mohammed Al Jadaan.
The minister added in a press conference on Saturday that addressing the budget deficit will be through three solutions, international debt instruments, local debt, and the government’s reserves, as reported by Reuters.
Financial indicators of the Saudi general budget showed a net deficit of SAR 26.21 billion during the first quarter of 2017.
Source:
Mubasher