S&P affirms Saudi Arabia rating at 'A-/A-2' with stable outlook - Reuters:
S&P Global on Thursday affirmed Saudi Arabia’s sovereign credit ratings at ‘A-/A-2’ with a stable outlook, saying its estimate of the Gulf nation’s strong net asset-stock position on its fiscal and external balances continues to be a key ratings support.
However, prolonged low oil prices without a significant fiscal adjustment could lead to an erosion of the net asset stock position and put pressure on Saudi Arabia's ratings, the agency said in a statement
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