S&P, the first of the major credit assessors to give Oman a non-investment grade, affirmed its long-term foreign currency rating at B+, on par with Bahrain, Bolivia and Rwanda
Oman economic outlook
Latest in Oman economic outlook
budget deficit
Oman mulls $4.2bn borrowing to plug fiscal gap amid Covid, low oil impact
Oman’s government is looking into borrowing that will cover 73% of the country’s OR2.2bn shortfall
