Saudi PIF

Riyadh raises funds for PIF via debt issuance and Aramco share sale

Issue 1188 - 12 Jun 2024 | 4 minute read

Riyadh has continued to tap a range of sources of finance to support investments in the domestic economy, with Aramco shares worth $11bn being sold and the Public Investment Fund issuing $830m in debt, pushing the PIF’s total debt burden close to $40bn.

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