S&P Global Ratings has reaffirmed Qatar's long-term sovereign credit rating at "AA" and short-term sovereign credit rating at "A-1+", with a stable outlook, citing Qatar's strong fiscal buffers. The agency pointed out that Qatar's substantial monetary assets, including reserves managed by the Qatar Investment Authority and the Qatar Central Bank, give it a strong capacity to offset regional geopolitical risks and potential short-term disruptions to liquefied natural gas supply. S&P expects Qatar's net assets to reach 135% of GDP by 2026. The rating agency projects that Qatar's plan to increase its liquefied natural gas production to 142 million tons annually before 2030 will boost economic growth and support fiscal surpluses, with government debt expected to decrease to about 33% of GDP by 2029.