Browsing: Fiscal

Riyadh, January 17, 2026, SPA — Fitch Ratings has affirmed Saudi Arabia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘A+’ with Stable Outlook. The affirmation reflects the Kingdom’s strong fiscal and external balance sheets, with government debt-to-GDP and sovereign net foreign assets (SNFA)considerably stronger than the medians for both the ‘A’ and ‘AA’ rating categories, alongside substantial fiscal buffers in the form of deposits and other public sector assets. Fitch projects that GDP growth will reach 4.8% in 2026, while the fiscal deficit is expected to narrow to 3.6% of GDP