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HOUSE_OVERSIGHT_023649

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* How much do your highness expect the anticipated increase in the public debt in 2017/2018? - Public debt as announced in the fiscal balance program will not exceed 30%, we target the public debt on the GDB 30% and so far, we have not reached 30%. There are some expectations that even in 2020 we will be less than 30%. A public debt of 30% does not mean a problem, some of the countries in the world have GDB in some of them up to 50%, some up to 60% and some up to 200%, including G20 countries. If we look at the big countries, the five major economies have more than 30% public debt. So that, it is healthy for the Saudi economy to involve a percent of public debt, which means that we have opportunities for development programs on which we spend money. We have two options: to spend and continue to develop, to create jobs, to create opportunities, to create private sector opportunities, or to stop spending. Our public debt is very low, giving us a comparative advantage that we can rise to international rates and continue to spend. * How do you see the future of the Public Investment Fund over the next three years? Would it be an internal or internal and external investment? - The Public Investment Fund is one of the most important pillars of Vision 2030. We have several opportunities to develop the size of the Public Investment Fund: 1- Unutilized assets. Too many assets have been entered, some of which may have been reviewed or announced to the public investment fund. These will be reflected in the size of the fund, the size of the value of the fund, and the profits of the fund. 2- We have heard that some of the reserves that are not of the state's funds need to be transferred to the public investment fund, about 100 billion riyals several months ago. Also, there is a restructuring of the public investment fund companies so that their performance, growth and profits are better than the previous. All of these will maximize the size of the Public Investment Fund, on

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