FINANCIAL NEWS

Saudi’s USD200bn privatization lead Vision 2030 plan

14 May 2017

(MENAFN) The deputy minister for economy and planning proclaimed that the kingdom was looking to raise money on the global bond markets again before the end of this year.

Additionally, the coming international bond could come in the fourth quarter of the year, with USD10bn in as a target size.

Meanwhile, it will come on top of more than USD18.6bn the government will raise on local debt markets in the current year.

Moreover, the government is very committed to megaprojects that would support achieve the objectives of the Vision 2030, especially infrastructure projects.

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MENAFN1405201700450000ID1095476842

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