Bahrain rating improvement

Issue 1159 - 01 Dec 2022 | 1 minute read

Standard & Poor’s (S&P) revised the outlook on Bahrain’s B+ rating from stable to positive on 25 November, citing the government’s efforts to reduce the budget deficit and solid growth in non-oil revenues which will help to place debt as a proportion of gross domestic product (GDP) “on a more sustainable path”.

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