VOL. XLVI

No 45

10-November-2003

RATINGS

S&P Affirms Oman BBB/A-3 Foreign Currency Ratings

Credit rating agency Standard & Poors announced on 5 November that it had affirmed its BBB/A-3 foreign currency and BBB+/A-2 local currency issuer credit ratings on Oman, reflecting what it called the sultanates continued fiscal prudence and a strong net asset position, despite enduring structural weaknesses. The outlook is stable. According to S&P credit analyst Luc Marchand, the government...