Saudi Arabia will need estimated funding of SAR139 billion ($37.02 billion) in 2025 to cover the potential budget deficit.  Finance minister Mohammed Al Jadaan has approved the borrowing plan, the National Debt Management Cente said in a statement.  The ministry anticipates a budget deficit of SAR101 billion for the year, with nearly SAR38 billion of debt repayment.

Al Jadaan said the government aims to expand strategic spending through 2025 on development and giga-projects, in line with Vision 2030 programmes.

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