Moody's places Qatar's rating on review for downgrade

Doha-Mubasher: Moody's Investors Service placed Qatar's Aa2 government bond and issuer ratings on review for downgrade, according to a recent report published.

The rating agency projects that Qatar's overall real GDP will average at 3.6% until 2019, lower than the average growth of more than 6% between 2011 and 2015.

The government is expected to focus on infrastructure projects, thus supporting real growth over the next four years.

Mubasher Contribution Time: 04-Mar-2016 23:43 (GMT)