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 الوئام
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2026-09-11T20:50:31.000Z

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S&P keeps Saudi rating stable

S&P keeps Saudi rating stable

Standard & Poor’s has affirmed the Kingdom of Saudi Arabia’s ratings at A+/A-1 with a stable outlook, highlighting the country's economic resilience in facing economic and financial pressures, especially due to diversified energy exports and the current rise in oil prices. The agency expects Saudi Arabia’s oil production to increase in 2027, while maintaining production levels below the announced maximum capacity of 12.3 million barrels per day. It also noted that the balanced implementation of Vision 2030 will help reduce the fiscal deficit and ease the accumulation of government debt, thereby strengthening the sustainability of public finances in the medium term.

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