Monday 2 July 2012

TEXT-S&P revises outlook on Oman to stable; ratings affirmed | Reuters

Overview

-- Economic measures and better prospects for political participation are helping address popular demands and restoring stability to the domestic political landscape, in our view.

-- We are therefore revising the outlook on our long-term sovereign credit ratings on Oman to stable from negative.

-- We view Oman's net external and general government asset positions as substantial; we are therefore affirming our 'A/A-1' long- and short-term ratings on Oman.

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