


{"id":24331,"date":"2025-03-15T00:00:00","date_gmt":"2025-03-14T21:00:00","guid":{"rendered":"https:\/\/investsaudiuat.kinsta.cloud\/backend\/sp-upgrades-saudi-arabias-credit-rating-to-a\/"},"modified":"2025-03-15T00:00:00","modified_gmt":"2025-03-14T21:00:00","slug":"sp-upgrades-saudi-arabias-credit-rating-to-a","status":"publish","type":"post","link":"https:\/\/investsaudi.sa\/backend\/sp-upgrades-saudi-arabias-credit-rating-to-a\/","title":{"rendered":"S&#038;P upgrades Saudi Arabia\u2019s credit rating to A+"},"content":{"rendered":"<p>S&#038;P Global Ratings has upgraded Saudi Arabia\u2019s long-term sovereign credit rating to \u2018A+\u2019, citing the Kingdom\u2019s sustained socioeconomic and capital market reforms under Vision 2030.<br \/>\nThe outlook remains stable, reflecting strong non-oil growth and robust investment momentum.<br \/>\nThe upgrade highlights Saudi Arabia\u2019s improving institutional framework, governance effectiveness, and economic diversification.<br \/>\nThe recalibration of infrastructure investments and a disciplined approach to capital markets have strengthened fiscal resilience, aligning the country with its highly rated global peers.<br \/>\nDespite lower oil revenues, government initiatives to boost investment and consumer spending are expected to drive economic expansion.<br \/>\nS&#038;P projects Saudi Arabia\u2019s real GDP to grow at an average of 4% from 2025 to 2028, supported by thriving non-oil sectors such as tourism, manufacturing, logistics, and green energy.<br \/>\nThe Public Investment Fund (PIF) continues to play a key role, investing $40 billion annually in domestic projects.<br \/>\nMeanwhile, tourism&#8217;s contribution to GDP has surged, employment opportunities \u2014 particularly for women \u2014 are expanding, and real estate and entertainment sectors are flourishing.<br \/>\nWhile the fiscal deficit is projected to widen due to large-scale development projects, Saudi Arabia\u2019s sovereign balance sheet remains robust, with net government assets expected to stay at about 32% of GDP by 2028.<br \/>\nAdditionally, the Kingdom is set to maintain a net external creditor position, reinforcing economic stability.<br \/>\nSource: Saudi Gazette<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S&#038;P Global Ratings has upgraded Saudi Arabia\u2019s long-term sovereign credit rating to \u2018A+\u2019, citing the Kingdom\u2019s sustained socioeconomic and capital market reforms under Vision 2030. The outlook remains stable, reflecting strong non-oil growth and robust investment momentum. The upgrade highlights Saudi Arabia\u2019s improving institutional framework, governance effectiveness, and economic diversification. The recalibration of infrastructure investments [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-24331","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/investsaudi.sa\/backend\/wp-json\/wp\/v2\/posts\/24331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investsaudi.sa\/backend\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investsaudi.sa\/backend\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investsaudi.sa\/backend\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/investsaudi.sa\/backend\/wp-json\/wp\/v2\/comments?post=24331"}],"version-history":[{"count":0,"href":"https:\/\/investsaudi.sa\/backend\/wp-json\/wp\/v2\/posts\/24331\/revisions"}],"wp:attachment":[{"href":"https:\/\/investsaudi.sa\/backend\/wp-json\/wp\/v2\/media?parent=24331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investsaudi.sa\/backend\/wp-json\/wp\/v2\/categories?post=24331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investsaudi.sa\/backend\/wp-json\/wp\/v2\/tags?post=24331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}