31 Days
Source:
الاقتصادية
Fitch confirms Saudi Arabia's credit rating at +A with stable outlook
Fitch Agency has confirmed Saudi Arabia's credit rating at +A with a stable outlook, expecting the national economy to accelerate growth next year supported by the return of maritime activities and the opening of major projects. The agency also anticipates a reduction in the fiscal deficit due to increased oil revenues that offset the decline in production. It is expected that real GDP will grow by 0.6% this year and return to 2.9% by 2028, with a noticeable economic rebound in 2027.
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