US EditionOman debt ratios to improve even if oil prices soften
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Oman debt ratios to improve even if oil prices soften
Credit rating agency Moody’s expects Oman’s debt burden will continue to ease, albeit at a more modest pace than over the past four years, even if oil prices rise less steeply or fall. “The government debt metrics will remain robust even if oil prices moderate below our medium-term assumption of $65 per barrel in the coming years,” the rating agency said as it upgraded the sultanate’s long-term issuer and long-term senior unsecured ratings to Ba…
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