Published 6 days ago • loading... • Updated 5 days ago

S&P affirms Oman's investment grade at 'BBB-‘ - The Arabian Stories News

Summary by The Arabian Stories News

MUSCAT: S&P Global Ratings has affirmed the Sultanate of Oman’s investment grade credit rating at “BBB-” with a stable outlook, restoring the country to an attractive investment environment status. The agency indicated that Oman’s credit rating could witness further improvement over the next two years on the condition that public finances continue to be managed according to the existing plans aimed at increasing non oil revenues and enhancing sp…

This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

2 Articles

All

Left

Center

Right

fm.gov.om

Standard & Poor's confirms Oman's investment grade credit rating - www.fm.gov.om

Standard & Poor’s has affirmed the investment-grade credit rating of the Sultanate of Oman at BBB- with a stable outlook. The S&P Agency attributes this to the continued improvement in public finance performance and a strengthening of the country’s financial resilience, reflecting the Government’s ongoing efforts to reduce public debt and improve the governance of state-owned enterprises. In its report, S&P notes that Oman has made significant p…

5 days ago

Read Full Article