S&P affirms Oman’s credit rating at B +/B with stable outlook

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03/04/2021 Oman Observer

WASHINGTON: The Standard and Poors (S&P) Global Ratings have affirmed the Sultanate’s credit rating at “B + / B” with a stable outlook.
The international credit rating agency expects the economic and fiscal pressure on the Sultanate to recede noting that the fiscal measures taken by the Sultanate’s government will contribute to a fall in the budget deficit.