Story perspectives
Saudi Arabia Shifts to $10B Loan Amid Economic Challenges
10/9/2025
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Story summary
- Saudi Arabia negotiates a $10 billion sovereign loan with Wall Street banks, led by Crown Prince Mohammed bin Salman.
- This signals a shift from the kingdom’s bond-financing approach.
- Challenges include weak foreign investor interest and Brent below $67 per barrel.
- For 2025, deficit is projected at $65 billion; Public Investment Fund holds over $1 trillion, debt-to-GDP about 30%.
