Qatar debt ratio to stay ‘stable’ this year: Fitch

Qatar debt ratio to stay ‘stable’ this year: Fitch:

"Qatar may not tap the global markets for fund in the near future as the public sector liquidity injections have stabilised the banking sector and stemmed the outflow of non-resident funding, according to Fitch, an international credit rating agency. “Qatar’s government will have little need to seek new international financing after a $12bn international bond issue in April 2018, which will cover its net financing requirement for 2018-2019,” Fitch said in a report. Despite the issuance, the rating agency expects Qatar’s debt ratio to be broadly “stable” this year as the government will reduce overdrafts to regular levels."



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