Fitch Revises Saudi Arabia’s Outlook To ‘Positive’ From ‘Stable’

PARIS, France – Ratings agency Fitch revised its outlook on Saudi Arabia to ‘positive’ from ‘stable’ on Thursday citing improvements in the country’s sovereign balance sheet given higher oil revenues. Saudi Arabia expects to post its first budget surplus in nearly a decade this year by keeping a thigh rein on its budget while revenues … More Fitch Revises Saudi Arabia’s Outlook To ‘Positive’ From ‘Stable’

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