Moodys Rates Oman
The US ratings agency Moodys Investors Service in June released areport on Oman in which it justifies its Baa2 sovereign rating. In its main outline, thereport concurs with the IMF stance on Omans impressive track record of economicdevelopment and prudent policy-making. However, Moodys notes that although capitalinvestments in the gas sector and in related infrastructure should buffer the impact offalling oil prices on both real and nominal GDP...
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