Regulation, Risk & Compliance
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Saudi Response to Fiscal Shock Centers on Record Debt Plan
Saudi Arabia will rely on the biggest debt program since its debut in international bond markets in 2016 to absorb the shock to the budget from collapsing energy prices and cuts in oil output. The kingdom could borrow 220 billion riyals ($58 billion) this year while keeping its drawdown from…
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Click here to read the full story: Bloomberg Quint