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S&P revised Oman's outlook to positive and affirmed its rating at 'BB+/B' due to improving fiscal position and debt reduction efforts.
Credit ratings agency S&P has revised Oman's outlook to positive from stable, affirming the country's rating at 'BB+/B'.
The revision is due to Oman's improving fiscal position, including public fiscal surpluses and government efforts to reduce net public debt.
S&P expects real GDP growth to reach 1.6% in 2023 and 2% during the 2024-27 period, with public debt declining from 36% in 2023 to 31% in 2027.
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S&P revisó la perspectiva de Omán a positiva y afirmó su calificación en 'BB+/B' debido a la mejora de la posición fiscal y los esfuerzos de reducción de la deuda.