Doha – Mubasher: Standard and Poor's on Friday affirmed Qatar's rating at 'AA/A-1+', with stable outlook.
The rating agency expects the country's external position to shift to a deficit from 2016. It also forecasts that Qatar's fiscal deficits, caused by lower hydrocarbon prices and high infrastructure expenditures, will be financed through debt only
“Qatar’s economy will remain resilient,” S&P said, “Qatar has accumulated considerable foreign assets over the past decade, as a result of developing its natural resources.”
