S&P affirms Saudi ratings at ‘A-/A-2’ with stable outlook

06/10/2018 Argaam

 

Standard & Poor’s Global Ratings has affirmed Saudi Arabia’s long- and short-term ratings at “A-/A-2” with a stable outlook.

 

The Saudi economic growth is expected to stabilize at an average of 2 percent during 2019-2021, the firm said.

 

The stable outlook is based on expectation that Saudi authorities will take steps to consolidate public finances over next two years, it said.

 

S&P added that Saudi Arabia ratings are driven by “strong” external and fiscal stock positions.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read