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Saudi minister urges PIF to ease domestic spending
Gulf Today
|October 29, 2025
Saudi Arabia's investment minister urged the kingdom's PIF sovereign wealth fund to ease its spending on domestic projects and make way for more investments from the private sector, as the fund prepares to draft a new strategic plan.
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"It is time for us to maybe scale back on this government or PIF spend to prove and to seed some of these value chains and clusters and let the private sector start investing," Khalid al-Falih said on Tuesday as financial titans gathered in Riyadh for the country's flagship investment conference.
Cette histoire est tirée de l'édition October 29, 2025 de Gulf Today.
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