In accordance with the country risk classifications of the OECD Arrangement, Credendo has downgraded the premium category for political risks on medium- to long-term export transactions for Bahrain (from 5 to 6 on a scale from 1 to 7 where 7 represents the highest risk and premium category) and Oman (from 5 to 6).
The acceptance policy remains unchanged.
29 Jun 2020

Oman: Downgrade from 5/7 to 6/7 for medium- to long-term political risk
Covid-19 and low oil prices likely to push current account and public deficit to very high levels again
COUNTRY: Oman