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FINANCIAL NEWS
Qatar growth to slow due to boycott
27 Aug 2017
(MENAFN) The boycott of Qatar’s economy by some Gulf and Arab nations will lead to slower economic growth and hamper financial and external performance.
Accordingly, the negative outlook shows the country view of the potential consequences of the boycott on Qatar’s economic, fiscal and external metrics.
Meanwhile, S&P Global ratings on Qatar could fall if the boycott reduces economic wealth levels to an extent that they no longer assess GDP per capita.
Currently, the government is liquidating and using part of its fiscal assets in order to support its economy and banking system.
MENAFN2708201700450000ID1095775795
MENAFN2708201700450000ID1095775795
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