CI upgrades Oman ratings to BB+; outlook stable muscatdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from muscatdaily.com Daily Mail and Mail on Sunday newspapers.
The upgrade reflects the continued decline in gross central government debt and Capital Intelligence Ratings expectation that fiscal and external balances will remain in surplus in 2024-2025
@conradprabhu -Bolstered by triple digit oil prices, the Sultanate of Oman is on course to achieving a budget surplus equivalent to 3.5 per cent of its gross domestic product (GDP).