09.05.2016 - Qatar SWF, access to global debt markets cushion energy demand drop: BMI
Qatar’s $256bn sovereign wealth fund as well as the country’s continuing ability to tap international debt markets provide the economy with “significant bulwarks against a sustained dropoff in demand” for oil and gas, BMI has said in a report. Lower hydrocarbons prices do not present a “significant threat” to Qatar’s “fiscal sustainability,” the Fitch Group company has said in a report. Nevertheless, it said the “government will seek to tighten control over public spending and rationalise Qatar’s vast pipeline of infrastructure projects - a trend that will be positive for the economy over the longer run.”..............................................Full Article: Source
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