Oman's growth outlook ‘vulnerable to oil prices’

Oman's growth outlook ‘vulnerable to oil prices’:

"Oman's A1 rating with stable outlook is based on the economy's robust growth outlook and the government's sound fiscal metrics, but both are vulnerable to a downturn in global oil prices, said Moody's Investors Service in a report.

The rating agency's report is an update to the markets and does not constitute a rating action.

Moody's assessment of Oman's economy strength reflects comparatively high levels of per-capita income and the medium-sized economy's robust outlook in the long term due to ongoing economic diversification."

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