Qatar Long-Term Rating Lowered To ‘AA-‘; On Watch Negative (S&P)

On June 7, 2017, S&P Global Ratings lowered its long-term rating on Qatar to ‘AA-‘ from ‘AA’ and placed the rating on Credit Watch with negative implications. S&P believes the current diplomatic isolation moves will exacerbate Qatar’s external vulnerabilities and could put pressure on economic growth and fiscal metrics. READ MORE

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