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Help World Cup to have significant impact on Qatar future
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Dubai, Dec 22 (PTI) FIFA's decision to award the 2022 World Cup to Qatar will have a significant impact on the country's economic and financial future, a rating agency has said.

In a report released today, S&P Ratings Services said the World Cup will have a substantial impact on Qatar's already promising economic growth over the next few years as the country readies itself to host this major sporting event.

Credit analyst Luc Marchand said the agency does not anticipate any change in the ratings at this time as 2022 is much further into the future than the horizon for our stable outlook.

Additional government infrastructure spending for the World Cup is estimated at about USD 64 billion (233 billion Qatari riyals) or 47 per cent of 2010 GDP.
Ptinews
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