Middle East Economic Survey
VOL. LII
No 10
9-Mar-2009
SAUDI ARABIA
Saudi Sovereign Rating Stable, Says Capital Intelligence
Rating agency Capital Intelligence has maintained its stable outlook on Saudi Arabias AA- sovereign rating, given the large net asset position of the government, a strong external balance sheet, and a sound banking system. According to Capital Intelligence estimates, the general governments net asset position, which includes the external assets of the state pension funds but...
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