Qatar’s credit rating upgraded to ‘AA’ amidst strong economic outlook: Fitch 

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Thu, 2024-03-21 13:05

RIYADH: Qatar’s long-term foreign currency issuer default rating has been upgraded to ‘AA’ with a stable outlook by Fitch Ratings, driven by the country strengthening its external balance sheet. 

In its latest report, the credit rating agency highlighted that the change from ‘AA-’ is attributed to Qatar’s substantial sovereign net foreign assets and a flexible public finance structure. 

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