US discloses its debt to Saudi Arabia


US President Barack Obama greets King Salman bin Abdulaziz Al Saud of Saudi Arabia upon his arrival at the West Wing of the White House in Washington, DC, USA

US discloses its debt to Saudi Arabia

The US Treasury Department disclosed for the first time in over 40 years the American debt to Saudi Arabia. According to the statement, the holdings of the world’s biggest oil exporter are $116.8 billion, which puts Saudi Arabia among the top-10 of the US lenders.

On Monday, the Treasury released a breakdown of Saudi Arabia’s holdings of the US national debt in response to a Freedom-of-Information Act request submitted by Bloomberg News. However, the agency notes that the revealed figures bri...

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