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Case File
d-15180House Oversight

Potential government IOUs to Saudi contractors could mask large unpaid capex

Financial Record

The passage outlines a possible mechanism for the Saudi government to issue IOUs to contractors to cover unpaid capital expenditures, estimating arrears of SAR23‑100 bn. While it provides quantitative Unpaid government capex to contractors estimated at SAR23‑100 bn for 2015. Proposed issuance of IOUs (IOUs) to contractors could shift risk to banks and affect liquidity. Potential FX reserve loss of

Date
November 11, 2025
Source
House Oversight
Reference
House Oversight #016139
Pages
1
Persons
1
Integrity
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