Saudi minister urges PIF to facilitate domestic spending, pave way for private sector
Saudi Arabia’s Investment Minister Khalid bin Abdulaziz Al-Falih attends the Future Investment Initiative (FII) in Riyadh, Saudi Arabia, October 29, 2024. — Reuters Minister Khalid urges PIF to pave way for private sector. The PIF president said the fund last year would focus on domestic projects. The Fund’s initial strategy for the period 2021-2025 expires in December of this year. Saudi Arabia’s investment minister urged the kingdom’s Public Investment Fund (PIF) on Tuesday to ease spending on domestic projects and pave the way for more private sector investment as the fund prepares to draw up a new strategic plan. “It’s



