Middle East Economic Survey


No 9



Stable Sovereign Credit Outlook For Oman Maintained, Says Moodys

Moodys has maintained its A2 ratings with a stable outlook for Omans foreign and local currency government bond. According to an annual report on Omans sovereign credit rating, published by Moodys on 17 February, the economy will be affected by the global financial crisis and the fall in oil prices. However, the availability of large stocks of offshore financial assets can help...