Cover IMF Staff Country Reports
Saudi Arabia: Selected Issues
Author: International Monetary Fund. Middle East and Central Asia Dept.
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2016: Issue 327
Language:
English
Publication Date:
13 Oct 2016
DOI:
https://doi.org/10.5089/9781475544275.002
ISBN:
9781475544275
ISSN:
1934-7685
Pages:
73
Keywords:
ISCR; CR; private sector; debt management; real GDP; GDP; expenditure; government ownership; private sector employment; employment of national; expenditure adjustment; asset portfolio; government balance sheet; water authority; privatization program; investor base; capital stock; government share; price drop; Government debt management; Privatization; Sovereign bonds; Oil prices; Global
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This Selected Issues paper discusses the options for financing the government fiscal deficit in Saudi Arabia. The Saudi government is working to develop a comprehensive strategy to meet its budget financing needs. Although external borrowing could alleviate pressure on the domestic market, it will also create new risks. Reliance on foreign investors may help further enhance transparency. Foreign investors’ demand for diversification could also allow the Saudi government to enjoy attractive yields. Broadening the investor base and ensuring that the government’s debt issuance supports the development of the private debt market could help alleviate some of the negative economic and financial effects of higher government debt.
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund