Saudi Arabia Owns a Relatively Small Portion of US debt

China's US debt is considerably more at $1.3 trillion, while Japan holds $1.1 trillion. David Ottoway, a Middle East Fellow at the Woodrow Wilson International Centre, said it was surprising how little Saudi Arabia owned.

“The politics has always been secretive, so have their finances,” said David Ottaway, a Middle East Fellow at the Woodrow Wilson International Center, a research institute in Washington. “It does answer the question of how much they own, which is surprisingly not that much.”

The figure puts the world's largest oil-exporting nation among the top 14 holders of US debt in the world. 

via Saudi Arabia owns $117bn of US debt, Treasury papers reveal | Business News | News | The Independent

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About marypmadigan

Writer/photographer (profession), foreign policy wonk (hobby).
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