Qatar faces lower growth as economic sanctions likely to remain for longer | GulfNews.com:
"Qatar is expected to face a prolonged period of low economic growth if the economic sanctions imposed by a group of countries led by its neighbours such as Saudi Arabia, the UAE and Bahrain persist for a long period, according to economists, analysts and rating agencies. All leading credit rating agencies have changed the rating outlook of Qatar to negative following the imposition of economic and diplomatic sanctions. S&P was the first to lower its long-term rating on the State of Qatar to AA- from AA and placed the rating on credit watch with negative implications. In its latest update, the rating agency affirmed the negative outlook and has hinted that it could potentially lower the ratings if the economic boycott is tightened and or prolonged."
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