The National Debt Management Center has finalised a major syndicated loan amounting to USD 13 billion. This seven-year deal is intended to provide financial support for power, water and public utilities projects across Saudi Arabia. The arrangement was announced on 31 December 2025 as part of the country’s broader Medium-Term Debt Strategy. This strategy is designed to diversify the sources of funding for the government and ensure that financing needs are met at a fair cost.

This financial activity is linked to the Saudi Vision 2030 blueprint which aims to transform the national economy. The plan was introduced by Crown Prince Mohammed bin Salman in 2016 to move the country away from its historical dependence on oil revenue. By funding development and infrastructure, the government intends to create a more resilient economic framework. The National Debt Management Center stated in a report: “This transaction aims to leverage market opportunities to execute alternative government financing activities that contribute to economic growth, including the financing of development and infrastructure projects aligned with Saudi Vision 2030.”

The loan was arranged through a syndicate of lenders to provide the necessary capital for long-term utilities initiatives. It functions within a risk management framework that seeks to maintain stability while pursuing aggressive growth targets. As the world’s top oil exporter, Saudi Arabia is currently past the halfway mark of its 2030 economic transformation timeline. The funds from this specific USD 13 billion loan will be used to execute alternative financing activities that directly impact the quality of public services.

The seven-year duration of the loan allows the Kingdom to manage its debt profile over a medium to long-term horizon. By focusing on essential sectors like power and water, the NDMC is ensuring that the foundation of the country’s infrastructure remains strong during the transition period. This latest transaction highlights the continued use of international financial markets to achieve domestic policy goals.