Middle East Economic Survey

VOL. LIII

No 13

29-March-2010

OMAN

S&P Affirms Oman Sovereign Ratings

Standard & Poors Ratings Services (S&P) on 24 March affirmed its A long-term and A-1 short-term foreign and local currency sovereign credit ratings for Oman, citing the sovereigns good fiscal performance. The ratings action was supported by the governments strong fiscal position, together with the countrys solid external finances and increasing wealth levels, said the ratings agency,...