Moody’s revises Saudi Arabia’s outlook to ‘Positive’ and affirms ‘A1’ credit rating
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RIYADH: The international credit rating agency Moody’s updated its credit report for Saudi Arabia, affirming its “A1” rating for the Kingdom and revising the stable outlook rating to positive.
The rating is based on Moody’s assessment of the government’s track record of fiscal policy effectiveness and the comprehensive regulatory and economic reforms that will support the…
This story appeared on arabnews.com, 2023-03-18.