Saudi Arabia wants to demystify its finances. The kingdom is working on creating a consolidated balance sheet of its assets and liabilities, which will include items currently kept off the oil-rich economy’s books, including the investments and debts of its sovereign wealth fund. “The main purpose of this programme is to have a financial equivalent of an MRI of the government balance sheet,” a Finance Ministry spokesman told Reuters, adding that it would include assets and liabilities that are currently “off-balance sheet”. Saudi Arabia’s Crown Prince Mohamed bin Salman has put Public Investment Fund (PIF), Saudi Arabia’s main sovereign wealth fund, at the centre of reforms aimed at diversi
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