The National Debt Management Center (NDMC) has announced the completion of the 2026 Annual Borrowing Plan, having secured approximately 90% of the Kingdom's funding needs prior to the geopolitical events in the region. This reflects the efficiency of proactive planning and execution flexibility in managing the Kingdom's funding needs.
Should the ongoing coordination with the Ministry of Finance identify a need for additional financing, NDMC intends to leverage private channels and local markets as the primary funding sources.
While issuances in international public markets were selectively reduced than initially anticipated in the 2026 Annual Borrowing Plan, NDMC successfully met its funding needs through private channels and the local market. This approach underscores the Kingdom's commitment to maintaining public debt sustainability and diversifying its funding sources and instruments. NDMC will continue to monitor international public markets and consider accessing them when favorable opportunities arise, with the aim of meeting future financing needs.