Overview
-- In view of its large financial assets and sizable fiscal surpluses, we believe that Abu Dhabi's government has a considerable buffer to support its economy and mitigate the risks from external vulnerabilities.
-- We are therefore affirming our 'AA/A-1+' sovereign credit ratings on Abu Dhabi.
-- The stable outlook balances our view of Abu Dhabi's wealthy economy and policy flexibility against the risks from structural and institutional weaknesses, its high contingent liabilities, and limited monetary policy flexibility.
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