| Fitch Ratings-London-28 August 2015: Fitch Ratings has affirmed Qatar's Long-term foreign and local currency Issuer Default Ratings (IDR) at 'AA' with a Stable Outlook. The Country Ceiling has been affirmed at 'AA+' and the Short-term foreign currency IDR at 'F1+'.
These fiscal estimates exclude investment income transferred to the government by Qatar Investment Authority (QIA), the sovereign wealth fund, which does not provide data on assets or income. Income is estimated to amount to approximately 3% of GDP and will thus be sufficient to cover any deficits. Including QIA , sovereign net foreign assets are estimated to amount to 121% of GDP at end-2014...............................................Full Article: Source
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