#Saudi_Arabia

It seems the consequences of the attack to Aramco facilities in Saudi Arabia is unending. In Fitch Institute’s yesterday Credit ranking, Saudi fell a level and reached A. this has been due to the probability of further danger to Saudi’s oil facilities in future as a result of political issues.

Standard and Porter Institute also decreased Saudi’s ranking to -A last week. Saudi’s budget deficit would be -6.7% in Saudi which is more than expected last year 5.9% and is a main concern of Validation Institutes.

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