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Public Pension Agency (PPA)

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HOUSE_OVERSIGHT_016135.jpg

This document is page 25 of a Bank of America Merrill Lynch research report ('GEMs Paper #26') dated June 30, 2016, analyzing Saudi Arabia's fiscal policy and the Public Investment Fund (PIF). It includes a detailed table of PIF domestic assets, calculating the potential monetary value of selling government stakes in major Saudi companies like SABIC and Saudi Telecom to replenish fiscal reserves. The text discusses the necessity of fiscal consolidation, the impact of oil prices, and predicted economic measures such as the implementation of VAT in 2018. The document bears a 'HOUSE_OVERSIGHT' Bates stamp, indicating it was produced as evidence in a congressional investigation, likely related to Jeffrey Epstein's financial connections.

Financial research report / congressional evidence
2025-11-19
Analysis Source

HOUSE_OVERSIGHT_016119.jpg

This document is a financial table titled 'Table 3: Breakdown of Saudi Arabia Net International Investment Position (US$bn)' from a Merrill Lynch report dated June 30, 2016. It details Saudi Arabia's assets and liabilities from 2007 to 2015, including holdings in US Treasuries, equities, and deposits in BIS reporting banks. The document bears the stamp 'HOUSE_OVERSIGHT_016119', indicating it was part of a document production for the US House Committee on Oversight and Reform.

Financial research report / data table
2025-11-19
Analysis Source
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