Middle East Economic Survey

VOL. LII

No 13

30-Mar-2009

SAUDI ARABIA

Financial And Economic Strengths Support Saudi Sovereign Rating, Says Moodys

Saudi Arabias A1 sovereign rating, assigned by Moodys Investors Service in July 2007 along with a stable outlook, is supported byvery high government financial strength and high economic strength, said the rating agency in its annual Credit Opinion on the Kingdom on 18 March. A combination of a durable strengthening of government finances coupled with the...