Fitch Upgrades Qatar to Third-Highest Rating on Gas Investments
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Qatar was upgraded to AA from AA- by Fitch, lifting the gas-rich country’s credit rating above that of France and the UK.
Fitch said revenues from liquefied natural gas would ensure that Qatar, one of the world’s richest countries, posts budget surpluses until the next decade. Its finances will be further boosted from 2026 by multi-billion dollar investments to increase its production of the fuel.