S&P lowers Kuwait but affirms Saudi, Qatar ratings despite lower oil prices
S&P Global Ratings cut the
rating of the government of Kuwait by one notch this week due to
the economic and fiscal effects of lower oil prices, but
affirmed those of Qatar and Saudi Arabia citing their strong
financial buffers.
rating of the government of Kuwait by one notch this week due to
the economic and fiscal effects of lower oil prices, but
affirmed those of Qatar and Saudi Arabia citing their strong
financial buffers.
Posted by Reuters
