Monday, 15 July 2013

Qatar in ‘net external creditor’ position of near $50bn: S&..

"Qatar is in a “net external creditor” position of about $50bn despite the country’s total external debt rising steadily in recent years, a new report has shown.

According to Standard & Poor’s, Qatar’s total external debt was estimated at $166bn in 2012.

“However, this debt is more than offset by external assets — largely those accumulated by Qatar Investment Authority (QIA),” S&P said in a country assessment yesterday."

'via Blog this'

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