S&P Global and Moody’s credit ratings for Qatar stand at AA with positive outlook, given the country’s gross domestic product, high GDP per capita, huge hydrocarbon reserves, the high net asset value, and the efficient monetary and fiscal policies,
the international credit rating agencies conference revealed on Monday.
The conference was held by the Qatar Association of Certified Public Accountants (QCPA), under the auspices of Minister of Social Development and Family HE Maryam bint Ali bin Nasser Al Misnad, and in strategic partnership with the Global Compliance Institute (GCI). Board Deputy Chairman of the QCPA Abdullah Al Mansoori said the first of its type conference in Qatar gains high importance amid the financial, economic and geopolitical crises hitting the world, as well as the supply chain disruption, inflation and the Covid-19 pandemic impacts, with countries seeking to prove their credit and investment ratings to receive funding from international agencies to avoid the risks and get out of these crises with minimal losses and without disrupting the development process. (QNA) page 8