Middle East Economic Survey

VOL. LII

No 10

9-Mar-2009

oman

S&P Affirms Oman A/A-1 Sovereign Credit Ratings

Standard & Poors Ratings Services (S&P) on 2 March affirmed its A long-term and A-1 short-term sovereign credit ratings on Oman, adding that the sultanates outlook remains stable. At the same time, S&Ps Transfer and Convertibility risk assessment was affirmed at AA-. The ratings on Oman are supported by the governments strong fiscal position, together with the countrys solid...