The National Debt Management Center (NDMC) has finalised a $2.5 billion (SAR 9.4 billion) Shariah-compliant revolving credit facility with a three-year tenure to support general budgetary needs. The agreement was secured with the participation of three regional and international financial institutions.
The facility aligns with Saudi Arabia’s medium-term public debt strategy, aimed at diversifying funding sources to meet financing requirements at competitive rates. This strategy is implemented within established risk management frameworks and adheres to the Kingdom’s annual borrowing plan.
The NDMC’s approach also leverages market conditions to pursue alternative government financing mechanisms that contribute to economic growth, particularly in the development and infrastructure sectors.