The Government of Ras Al Khaimah oversees a diversified and rapidly expanding economy, with full autonomy over its internal affairs, fiscal policy and economic development.

The Emirate's GDP components are varied with no one element exceeding more than 20% of total GDP. With strong GDP growth and sustainable economic development, Ras Al Khaimah is currently rated 'A' by both Fitch and Standard & Poors.

This rating is underpinned by strong financial and liability management and the IDO centrally controls all Sovereign debt issuances and closely manages Government borrowing ratios.