VOL. XLV

No 12

25-March-2002

OMAN

Moodys Hails Oman Economic Growth ButNotes Vulnerability To Oil Revenue

Omanssovereign foreign currency ceiling of Baa2, according to US ratings agencyMoodys Investors Service, reflects its long track record of economic growth,price stability, and modest debt levels. In its annual report on the country,its author and Senior Vice President Nina Ramondellisaid that the country, which has proven oil reserves equal to 16 years atcurrent production levels, also has...