Middle East Economic Survey

VOL. LIII

No 8

22-Feb-2010

OMAN

Moodys Upgrades Oman Sovereign And OPWPC Ratings

Moodys Investor Services has upgraded Omans local and foreign currency bond ratings from A2 to A1 with a stable outlook, the agency said on 18 February, citing the comparative strength of the sultanates strong public finances relative to its peer group and its resilience to the global financial crisis. The country ceilings of Omans foreign currency bonds and bank deposits...