S&P Global Ratings revised up Oman’s credit outlook to positive from stable on the expectation that the sultanate’s reform program will limit increases in government debt in the coming years. Oman’s credit rating was affirmed at ‘B+/B’. S&P downgraded Oman's long-term sovereign credit rating to B+ from BB- in October 2020 due to the projected material deterioration of public sector finances. “The positive outlook indicates that we consider that Oman’s ...