
The corniche in Muscat. Oman's public finances still depend on hydrocarbon revenues, Fitch Ratings said. Silvia Razgova / The National
The corniche in Muscat. Oman's public finances still depend on hydrocarbon revenues, Fitch Ratings said. Silvia Razgova / The National
Fitch changes Oman outlook to positive on stronger finances and declining public debt
Move reflects improvements in the sultanate’s external debt and lower fiscal breakeven price