Oman expected to meet its funding needs, keep support for dollar peg

Dubai: The rating agency Standard & Poor’s, which recently lowered the ratings on Oman to ‘BB-/B’, has said the country will be able to meet it funding needs. “In our baseline scenario, we expect the government of Oman will meet its sizable funding needs (including debt redemptions) – totaling almost $50 billion over 2020-23 – through […]