Fitch: Cheap Oil, Politics and Slow Reforms Keep MENA Outlook Negative
(The following statement was released by the rating agency)Link to Fitch Ratings’ Report: 2017 Outlook: Middle East andNorth Africa Sovereignshttps://www.fitchratings.com/site/re/890915HONG KONG, November 30 (Fitch) Persistent low oil prices willmaintain economic pressure on the oil exporters of MENA, which together withlimited fiscal reform and political risk, lead to a Negative Outlook for the region in2017, Fitch Ratings says in a new report. With three of the 12 MENA sovereigns (
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