Friday 23 December 2016

What We Learned From Interviews With Four Top Saudi Officials - Bloomberg

What We Learned From Interviews With Four Top Saudi Officials - Bloomberg: "Saudi officials followed the kingdom’s most detailed budget in recent history by briefings on key plans. Four top officials gave interviews to Bloomberg News in Riyadh. Here are some of the key comments:


Finance Minister Mohammed Al-Jadaan

The newly-appointed minister said the kingdom will “most likely” tap debt markets in the first quarter of next year after raising $17.5 billion in October in the biggest ever emerging market bond sale this year. The government has met with banks to discuss the potential sale of Shariah-compliant bonds, or sukuk, in the first quarter to help plug its budget deficit, according to five people familiar with the matter.
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'via Blog this'

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