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Source: بوابة الشروق
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Source: بوابة الشروق
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The Ministry of Finance confirmed that it is developing a strategy to manage assets and liabilities and maximize economic returns. It said that state-owned land on the Red Sea, allocated for debt reduction, would be directed toward investment and partnerships—through usufruct rights, projects with the private sector, or the exchange of part of the investments for outstanding debts. The plan to develop the area aims to attract investment that will generate lasting revenue, with the proceeds used to reduce debt and expand spending on human development, social protection, and better public services. The Ministry said government debt had fallen from 96% to 81.9% of GDP over three years, while the primary budget surplus for 2025/2026 stood at about 4.9% of GDP.
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