(MENAFN- Saudi Press Agency)
Riyadh, Safar 13, 1439, Nov 2, 2017, SPA -- Fitch Ratings Agency today confirmed the strength of the Kingdom of Saudi Arabia's economy and the effectiveness of economic reforms being carried out by the Government of the Kingdom.
Moreover, Fitch affirmed the Kingdom's strong credit rating at 'A+' with stable outlook.
The Agency said today: 'The Kingdom of Saudi Arabia's ratings are strongly supported by the commercial and financial situation, including outstanding foreign currency reserves, low public debt, large government assets and strong commitment to the ambitious economic reforms agenda.'
--More
20:53 LOCAL TIME 17:53 GMT
MENAFN0311201700780000ID1096037218
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.