Middle East Economic Survey

VOL. L

No 23

4-June-2007

QATAR

Qatar Ratings Supported By Rapidly Expanding Gas Exports, Says Moodys

Qatars investment grade country ceiling and stable outlook are supported by its rapidly expanding gas exports and high level of economic development, said Moodys in its recently publishedQatar: 2007 Credit Analysis report. The foreign currency country ceiling for bonds is Aa2. The magnitude of Qatars hydrocarbon exports has enabled it to run sizeable fiscal and external...