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Finance Ministry and BBI France Agree on $5B Credit Line

Finance Ministry and BBI France Agree on $5B Credit Line

The Saudi Ministry of Finance has signed an agreement with "BPI France Export Credit Agency" to provide a credit line valued at up to $5 billion, aiming to strengthen economic and commercial cooperation between Saudi Arabia and France. This line will be used to finance and refinance contracts executed by French companies in sectors such as infrastructure, urban development, transportation, and healthcare, supporting the goals of Saudi Vision 2030 and aligning with France’s Plan 2030. This step is part of the "Roadmap for the Next Decade," reflecting both countries' ambitions to develop economic and investment cooperation.

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