Saudi PIF Cuts 2024 Investment Spending to $20 Billion

Saudi Arabia's Public Investment Fund shifts focus to domestic investments, reducing 2024 spending from $31.6 billion to $20 billion. Discover the strategic pivot.

A modern, stylized graph depicting a downward trend in investment spending, with a backdrop of the S
Saudi PIF Cuts 2024 Investment Spending to $20 Billion

Saudi Arabia’s Public Investment Fund focused more on domestic investments, reducing its spending from $31.6 billion in 2023 to around $20 billion in 2024.

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