Debt burden to grow heavier for Bahrain if oil prices remain low, says ratings agency S&P | The National:
"Bahrain will face a rising debt burden should the oil markets remain bearish, says credit ratings agency Standard & Poor’s.
S&P has reaffirmed Bahrain’s foreign and local currency sovereign credit ratings at BBB minus and A-3, respectively. But it said its outlook for the country remained negative.
Last year, about 65 per cent of Bahrain’s fiscal revenue came from crude oil receipts."
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