MANAMA: Fitch Ratings has affirmed Bahrain’s long-term foreign-currency Issuer Default Rating (IDR) at ‘B+’ with a stable outlook.
The US-based agency said the kingdom’s ratings are supported by strong financial backing from partners in the GCC, high GDP per capita and human development indicators even relative to ‘BBB’ medians and a recent track record of robust macroeconomic performance .
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