09.10.2014 - Qatar's net external asset position to remain strong
Qatar's net external assets will be sufficiently higher than the current account receipts in 2014 with government expenditure set to weaken in the next four years to maintain a relatively "strong" fiscal surplus, according to global credit rating agency Standard and Poor's (S&P). "We expect government spending to slow to an average of 6% for 2014-2017 to enable the government to maintain a relatively strong fiscal surplus averaging about 5% of GDP over the period. We no longer include an estimate of government investment income from the Qatar Investment Authority in the government balance," the rating agency said...............................................Full Article: Source
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