As 2025 begins, Saudi Arabia is poised to shape its economic future and drive comprehensive development across the Kingdom. On Sunday, Minister of Finance Mohammed Al-Jadaan unveiled the Kingdom’s annual borrowing plan, highlighting untapped debt markets and a strategic blueprint for funding initiatives in the new financial calendar.

The National Debt Management Center’s board of directors approved Saudi Arabia’s 2025 borrowing plan, reviewing key public debt achievements from 2024. The plan outlines a comprehensive funding framework, explores diverse public investment opportunities, and presents a detailed schedule for Saudi riyal-denominated sukuk issuances.

Saudi Arabia’s 2025 funding pool is projected at $37 billion, according to an official statement. These funds will be allocated to two primary functions: covering the Kingdom’s fiscal deficit of $27.27 billion, as detailed in the Ministry of Finance’s budget statement and repaying $10.26 billion in maturing debts.

The Ministry of Finance emphasized adopting a dynamic strategy to achieve Saudi Arabia’s ambitious 2025 funding targets. The statement highlighted the potential of emerging local markets while exploring opportunities through strategic global partnerships. Key focus areas include export credit agency-backed initiatives, infrastructure financing, and capital expenditure projects as starting points for renewed funding efforts.

In addition to implementing a sector-specific distribution strategy, Saudi Arabia plans to explore new markets and diversify its debt issuances across multiple currencies, aligning with cyclical market trends.