Football World Cup
Football World Cup, Moody’s Investors Service upgraded Qatar’s credit rating from stable to positive on November 2, while maintaining the country’s Aa3 rating. The improvement comes as the nation prepares to host the World Cup, an event that will place it under exceptionally close scrutiny for its human rights record.
Qatar’s finances, like those of other Gulf hydrocarbon exporters, are in good condition right now, thanks to high oil and gas prices at Football World Cup. Moody’s upgraded its outlook because it now seems that the country’s recently improved debt situation can be maintained in the medium term “even if oil and natural gas prices decline over the next several years.”
It said that Qatar’s intentions to increase its liquefied natural gas (LNG) production capacity will help compensate for any price drop. Furthermore, after the FIFA World Cup is done, the government is anticipated to reduce capital investment.
The tournament begins on November 20 with a match between the hosts and Ecuador. More than a million fans are anticipated to attend the matches in the Gulf nation, which will take place at eight stadiums in and around Doha.
After winning the right to host the Football World Cup in 2010, the government increased capital investment, spending an average of $20 billion each year on renovating infrastructure and preparing for the event. However, with everything in place for the event, the tendency is expected to slow.
Meanwhile on the Football World Cup, the financial bonanza from the rise in oil and LNG prices since 2020 has transformed what was a tiny budget deficit in 2020 into a significant surplus this year, anticipated to be approximately 9.5% of GDP (GDP).
The government is projected to benefit from this by decreasing its debts, which are predicted to fall from 73% of GDP in 2020 to roughly 42% this year.
LNG exports were approximately 30% of GDP in 2021, but the nation is also substantially investing in increasing production from roughly 77 million tons per year to 126 million tons per year by 2027/28.
FAQs (Questions and Answers)
When will the FIFA World Cup Qatar 2022TM be held in Qatar?
The FIFA World Cup Qatar 2022TM will be contested over 29 days from 20 November to 18 December 2022, as decided by the FIFA Executive Committee in March 2015. The final will be held on Qatar’s National Day.
When and where will the matches be held in 2022?
The FIFA World Cup Qatar 2022TM Match Schedule was released on July 15, 2020, precisely two years after the historic 2018 FIFA World CupTM final in Russia.
The tournament will begin on Monday, November 21, 2022, at 19:00 Qatar time, in Al Bayt Stadium, a 60,000-capacity venue that derives its name and design from the traditional tents used by nomadic peoples in the Gulf area.
Local kick-off times for group matches have been scheduled at 13:00, 16:00, 19:00, and 22:00, with the penultimate round of group games and knockout-stage timings at 18:00 and 22:00.
The third-place playoff will be held on December 17 at Khalifa International Stadium. The final will take place one day later at 18:00 at Lusail Stadium in front of an estimated 80,000 spectators.
The final capacity of all FIFA World CupTM venues will be announced closer to the event.
All timings are in local time. The time in Qatar is UTC/GMT+3 or CET+2.
What makes the FIFA World Cup Qatar 2022TM Match Schedule unique?
Because of Qatar’s tiny size, supporters who travel to the tournament will have the ability to attend more than one match every day – a once-in-a-lifetime opportunity in the competition’s contemporary history. Fans will fly into a single airport and will not have to change hotels for the duration of the competition.
There will be no need for internal flights, resulting in a less expensive and more ecologically friendly experience for spectators – and a refreshing one for players, who will be able to focus on training and recovery rather than long distance travel.
The FIFA World Cup Qatar 2022TM Match Schedule allows all teams enough recuperation time between games. The group stage will run 12 days and will include four matches every day, ensuring that spectators can completely immerse themselves in the action. They will never be too far away from a stadium, a fan zone, or a tourist destination.
The compact structure of the Qatar 2022 event will also assist FIFA and Qatar accomplish their aim of presenting the first carbon-neutral FIFA World CupTM.
This will be a one-of-a-kind international football competition.
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