Saudi Finance Ministry Targets $58bn Amid 2026 Deficit

Saudi Arabia’s Budget Deficit drives a bold $58 billion funding push for 2026. The finance ministry acts fast amid low oil prices and rising bills. Bonds and sukuk sales target global buyers to fix the shortfall. Core Funding Plan Finance Minister Mohammed al-Jadaan details Saudi Arabia’s Budget Deficit strategy. They aim for $58 billion in new debt. This covers a 2.3% GDP gap. Expected revenues stand at SAR 1.28 trillion against SAR 1.42 trillion in spending. Oil slumps create the Saudi Arabia Budget Deficit core issue, even as Vision 2030 rolls on. Saudi Arabia pulled in SAR 219 billion this way in 2025. Demand surges from big funds. Moody’s holds an