OMAN CREDIT OUTLOOK STRENGTHENS AS OIA REFORMS DRIVE FINANCIAL RESILIENCE
Published on: Wednesday 16 April 2025
The Sultanate of Oman's recent credit rating affirmation at BBB- with a positive outlook by Standard & Poor's (March 2025) reflects the government's effective fiscal consolidation efforts and improved economic management. A key contributor to this achievement is Oman Investment Authority (OIA), the country's sovereign wealth fund, which since assuming oversight of state-owned companies under the National Development Fund in 2020, has implemented robust governance reforms and targeted debt reduct