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Bahrain is proactively addressing the evolving global economic landscape through a combination of strategic fiscal reforms and the enduring strength of its alliances within the GCC, according to a recent assessment by S&P Global.
While the global ratings agency revised Bahrain’s outlook to “negative” from “stable” on Wednesday, it affirmed the kingdom’s “B+/B” long- and short-term foreign currency sovereign credit ratings, signalling underlying confidence in its ability to manage financial obligations .
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