FINANCIAL NEWS

Qatar�s debt issuance grows at USD21.8b

03 Oct 2016

(MENAFN) Qatar”s debt issuance increased since Sep last year and is already at USD21.8bn, which includes the record USD9bn global issuance in May.

The whole fiscal deficit among the two year is predicted at USD18bn, which will be funded completely by debt issuance.

Moreover, the country still maintains the same ratings as it did in June 2014 when oil prices were in excess of USD100 a barrel.

The country reflects its largest external assets, a large hydrocarbon endowment, one of the world”s highest ratios of GDP per capita.

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