Ratings: Foreign and Local Currency: AA-/Negative/A-1+ For further details see ratings list. We expect the ongoing boycott of Qatar's economy will lead to slower economic growth and hamper fiscal and external performance as outflows of external financing are offset by drawing upon government assets. The Qatari authorities are utilizing the country's large fiscal assets to limit the impact. We are affirming our 'AA-/A-1+' ratings on Qatar and removing them from CreditWatch with negative implications. The negative outlook reflects our view of the potential consequences of the boycott on Qatar's economic, fiscal, and external metrics, especially if the boycott is tightened or prolonged. On Aug. 25, 2017, S&P Global Ratings affirmed its 'AA-/A-1+' long- and short-term foreign and local currency sovereign
