Saudi Arabia completes 2026 borrowing plan, secures 90% of funding before regional tensions

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Saudi Gazette

RIYADH — Saudi Arabia’s National Debt Management Center (NDMC) announced the completion of its 2026 annual borrowing plan, having secured around 90 of the Kingdom’s funding needs ahead of recent geopolitical developments.The center said the early completion reflects the effectiveness of proactive planning and flexibility in managing financing requirements.NDMC added that, in coordination with the Ministry of Finance, any additional funding needs would be met primarily through private channels and local markets.It noted that international public market issuances were reduced compared to initial projections, with funding requirements instead met through domestic and private financing sources.The strategy highlights the Kingdom’s focus on maintaining debt sustainability while diversifying funding sources and instruments.NDMC said it will continue to monitor international markets and may return to them when conditions become favorable to meet future financing needs.