FitchRatings affirmed Saudi Arabia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘A+’ with a Stable Outlook.
Non-oil GDP growth drivers appear robust, diverse and resilient to the decline in oil prices Fitch projects over its forecast period.
It will be underpinned by strong reform momentum and GRE and government capex.
FitchRatings affirmed Saudi Arabia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘A+’ with a Stable Outlook.
Non-oil GDP growth drivers appear robust, diverse and resilient to the decline in oil prices Fitch projects over its forecast period.
It will be underpinned by strong reform momentum and GRE and government capex.
