Middle East Aye” Saudi economy is weaker than it looks much”

the British newspaper “Middle East Aye,”, said that the Economic “Fitch” agency lowered long-term credit rating of the Kingdom of Saudi Arabia from (AA to AA-), The newspaper added that the increased tension with Iran raises uncertainty about the economic policy of Saudi and that the charge of this policy is defense Minister second Crown Prince Mohammed bin Salman, and he is the main reason behind the decision to cut the rating.

And “Fitch” said that even if the Kingdom has implemented economic measures that have been proposed in full, this will not prevent the erosion of financial warehouses dramatically in the years  / 2016 / and / 2017/.

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