RIYADH, Jan. 4 (Xinhua) -- Saudi Arabia's Finance Minister Mohammed Al-Jadaan has approved the nation's 2024 Annual Borrowing Plan, aiming to manage the projected budget deficit and debt maturities, the Saudi Press Agency reported Thursday.
The plan, endorsed by the National Debt Management Center's board, estimates financing needs at 86 billion riyals (around 22.9 billion U.S. dollars), covering both debt repayments and the expected 79 billion riyal deficit in the 2024 state budget.
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