Fitch Says Saudi Upgrade Likely, Outlook Positive

Fitch revised the country’s outlook to positive from stable.

The country could get a one-notch upgrade if it makes more progress tackling unemployment and diversifying the economy or on measures to stem the rise in the breakeven oil price, Fitch said in a statement.

To read the full text of this article, Gulf Business March 2013: Fitch Says Saudi Upgrade Likely, Outlook Positive » Gulf Business.

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