Middle East Economic Survey

VOL. LIII

No 28

12-Jul-2010

QATAR

S&P Upgrades Qatar And QP Ratings

Standard & Poors Ratings Services (S&P) has raised Qatars long term sovereign rating to AA from AA-, with the agency citing strong growth prospects in part spurred by LNG projects scheduled through to 2012. S&P also noted the governments strengthening fiscal and external balance sheets, affirming the countrys A-1+ short-term ratings, with the outlook stable. In our opinion, Qatar is...