The credit rating agency “Moody’s Ratings” has upgraded the Kingdom of Saudi Arabia’s credit rating at \u201cAa3″ in local and foreign currency with a \u201cstable” outlook.
\nThe agency indicated in its report that this rating upgrade with stable outlook is a result of the Kingdom’s ongoing progress in economic diversification, Moody’s has expected that the non-oil private sector GDP of Saudi Arabia will expand by 4-5% in the coming years, positioning it among the highest in the Gulf Cooperation Council (GCC) region.
\nIt’s worth noting that during the current and previous years, the Kingdom has achieved multiple credit rating upgrades from global rating agencies. These advancements reflect the Kingdom’s ongoing efforts toward economic transformation supported by structural reforms.<\/p>\n","protected":false},"excerpt":{"rendered":"
The credit rating agency “Moody’s Ratings” has upgraded the Kingdom of Saudi Arabia’s credit rating at \u201cAa3″ in local and foreign currency with a \u201cstable” outlook. The agency indicated in its report that this rating upgrade with stable outlook is a result of the Kingdom’s ongoing progress in economic diversification, Moody’s has expected that the […]<\/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-24344","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/investsaudi.sa\/backend\/wp-json\/wp\/v2\/posts\/24344","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=24344"}],"version-history":[{"count":0,"href":"https:\/\/investsaudi.sa\/backend\/wp-json\/wp\/v2\/posts\/24344\/revisions"}],"wp:attachment":[{"href":"https:\/\/investsaudi.sa\/backend\/wp-json\/wp\/v2\/media?parent=24344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investsaudi.sa\/backend\/wp-json\/wp\/v2\/categories?post=24344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investsaudi.sa\/backend\/wp-json\/wp\/v2\/tags?post=24344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}