«Standard & Poor's» expects Ras Al Khaimah to maintain broad economic stability. This reflects the agency's confidence in the sound financial policies pursued by the Ras Al Khaimah government, as well as its possession of comfortable financial margins that enable it to deal with any geopolitical developments or weakness in growth forecasts. Economic stability is expected for the next three years. Financial surpluses are expected to average 3% of GDP. Financial management will be conservative, and the debt level will be low. Growth could rise to 3.5% between 2028 and 2029. «Standard & Poor's» affirmed the emirate's sovereign credit rating in foreign and local currencies at 'A/A-1' with a stable outlook.
