Ras Al Khaimah’s GDP growth is expected to average 2.7% annually from 2022-2025 with continued fiscal surpluses to support a government net asset position of nearly 13% of GDP by 2025.
Affirming its credit rating of A-/A-2; outlook stable, S&P said the emirate has relatively strong growth prospects on the back of higher domestic and regional demand, but, real GDP per capita growth will remain below the average for sovereigns at a similar…
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