Oman Risk Assessments
Low overall risk for Oman’s creditworthiness, but lower oil prices could potentially reduce government revenue generation. However, the government can leverage its foreign exchange reserves and wealth funds to settle debt obligations should they rise.
Sovereign Risk, Rated BBB
Low overall risk for Oman’s creditworthiness, but lower oil prices could potentially reduce government revenue generation. However, the government can leverage its foreign exchange reserves and wealth funds to settle debt obligations should they rise.
Currency Risk, Rated BB
Comfortable levels of foreign exchange reserves will help sustain Omani Rial’s peg to the US dollar.
Banking Risk, Rated BB
Overall, Oman’s banking sector is at low risk.
Economic Structure Risk, Rated BBB
Although the economy remains highly dependent on hydrocarbon revenues and therefore vulnerable to changes in oil and gas prices, Oman’s growing plans to diversify its economy through its tourism and services sector keeps the country’s economic structure safe.