No longer a financial reservoir? Saudi Arabia’s spending confirms clear shift in strategy

The kingdom's $925 billion sovereign wealth fund, the Public Investment Fund, saw its assets jump 29% in 2023 — and domestic investment was a major driver.

Aug 23, 2024 - 19:00
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No longer a financial reservoir? Saudi Arabia’s spending confirms clear shift in strategy
The kingdom's $925 billion sovereign wealth fund, the Public Investment Fund, saw its assets jump 29% in 2023 — and domestic investment was a major driver.