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The assets of the Saudi Investment Fund more than doubled

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Moody's awarded the Saudi Public Investment Fund PIF.. Headed by Crown Prince Mohammed bin Salman, the rating is A1 with a stable outlook..

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Moody's said the PIF rating reflects very strong credit fundamentals. It enjoys a quality portfolio of investments with stable distributions. Noting that the fund has grown to become one of the main entities to diversify the Saudi economy.

A member of the Saudi Economic Association, Muhammad Al-Omran, pointed out that the classification reflects the strength of the Fund's fundamentals, with a portfolio of more than $400 billion .. And the quality of investments with stable distributions, and the strong liquidity of $ 60 billion.

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The credit rating agency stated that the assets of the Saudi Public Investment Fund grew from $152 billion in 2015 to $412 billion in 2020..


https://www.alarabiya.net/aswaq/eco...ثمارات-العامة-السعودي-تصنيفA1-مع-نظرة-مستقرة-
 
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