Saudi Arabia may borrow extra $26.6 bln amid low oil prices, coronavirus crisis

Saudi Arabia may borrow an additional 100 billion riyals ($26.6 billion) this year and the total debt could reach 220 billion riyals ($58.5 billion), said Minister of Finance, Acting Minister of Economy and Planning, Mohammed al-Jadaan on Wednesday. The Kingdom will draw down no more than 110-120 billion riyals ($29.2-31.9 billion) from its reserves to...

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