Confidence is as important in international life as well as in personal life. Frequently in nations, large institutions and indeed people are questioned about their reliability. Can they handle their debts? Are they to be relied on? In short can they be trusted without a nagging fear at the back of the mind that they will not be able to live up to their obligations?
Oman is free of any such fears, and that is official. According to the international credit rating agency, Moody’s, Oman is in the top A1 Category when it comes to assessing both Oman’s foreign and local currency government bond ratings.
Such decisions are not made lightly because much of international business depends upon what one nation thinks of another, and being at the top of this particular ladder is very important indeed.
No comments:
Post a Comment