Saudi Arabia could successfully reduce fiscal reliance on hydrocarbons over time: Moody's

RIYADH: Saudi Arabia’s recent financial performance and the wide range of economic diversification programs could help the country reduce its fiscal reliance on hydrocarbons over time, credit rating agency Moody’s Investors Services said in its latest note. Affirming a positive economic outlook, Moody’s noted that the Kingdom’s credit strengths include its robust government

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