Saudi Arabia's public debt is forecast to reach 1.103 trillion riyals ($294.09 billion), or 25.9% of gross domestic product (GDP) in 2024, according to figures released by the finance ministry on Wednesday, up from an estimated 1.024 trillion riyals in 2023.

Economic growth in the G20 member and the Arab world's biggest economy, is forecast to rebound to 4.4% next year from an estimated 0.03% in 2023, the finance ministry said.

($1 = 3.7506 riyals)

(Reporting by Clauda Tanios and Nayera Abdallah; Writing by Rachna Uppal, Editing by Alexandra Hudson)