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Investor Presentaiton

The Role of Financial Development: Focus on Debt Capital Markets Developing local debt capital markets must become a priority for the Saudi government, given the strategic role of the public sector in deepening financial markets. ADVANTAGES: • • • Developing local debt capital markets is an important component of providing innovative financial solutions for an economy towards enhancing the private sector. Deep, efficient local markets are the foundation for a thriving private sector, the key driver of jobs and growth. Debt capital markets create access to long-term, local currency finance. Debt capital markets can mobilize private sector funds to finance infrastructure, housing and other priority sectors, thereby reducing dependence on government financing. Countries with strong local equity and debt markets are more resilient to economic uses. Efficient local capital markets protect economies from capital flow shocks and reduce dependency on foreign debt. GCF2015 Slide No. 6 Competitive Governments
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