Middle East Economic Survey

VOL. LIII

No 52

27-Dec-2010

QATAR

S&P Sees Qatars 2022 World Cup Funded Without Significant Sovereign Debt Hike

FIFAs award of the staging of the 2022 World Cup to Qatar will have a significant impact on the countrys economic and financial future, said Standard & Poors Ratings Services (S&P) on 22 December. We do not expect a significant increase in the level of sovereign debt, said Luc Marchand, adding that the ratings agency expects most of the...