Sunday 22 May 2016

S&P affirms Oman’s rating | The National

S&P affirms Oman’s rating | The National:

"Standard & Poor’s has affirmed its BBB-/A-3’ rating on Oman, even as lower oil prices keep adding pressure on the Arabian Gulf oil exporter.

The ratings agency added that the sultanate’s outlook was stable.

“The stable outlook reflects the balance between our expectation that Oman can broadly maintain its fiscal and external stock positions over 2016-2019 against risks from weakening economic income, fiscal and external flows," it said."



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